Expectation Record ASO for 07 - 11 Jun 2021Resistance 1 : 38.00 Support 1 : 34.70 Support 2 : 30.40by ahkok840
$ASO cup and handle play lifting up on volume. Dicks sporting goods ripped. This looks good and a buy if it closes above 36.50. On volume.Longby Hodgo0
short float measured from jan 21 minus GMEcurrent short float list from 5/26/21 measured from the start of short float hype on jan 21 2021by Fishtanks0
Expectation Record ASO for 15 May 2021Resistance 1 : 36.00 Support 1 : 33.10 Support 2 : 28.50 ASO will continue break New High. If unable to break, look back to Support_1 : 33.10by ahkok840
ASO consolidationBreak and hold 35,21 --> Bullish pt 1: 36.09 pt2: 36.60 pt3: 40$ Below 33.75 --> Bearish pt:33.2 pt:32 pt:30.81 pt:29.32by peekysnipes0
ASO: Bullish Pennant (33%), NonePrimary Target (short term): Bullish Pennant (33%) PT = 41.90$ Secondary Target (Long term): None PT = NoneLongby LeLaf6
AsoMy buddy drew me to this stock. Looking for entry above 33$. Looks ready to rip. Resistance at 32.76. Let’s see if we can get a breakout 43$ is the targeted move if your looking for a stock playby Erictaylor113
ASO , A market leader in the making . ASO did an ipo in Oct 2020 , they are not a new company , operates 259 stores in US . Founded in 1938. I noticed that they are exhibiting signs of strong leadership especially seeing how when the market was correcting and putting in a bottom (03/08/21) ASO seemingly had no issues holding their base ranges . We have formed a second base since as the stock has a "normal reaction" to gains and it looks like based on Fridays wicking that the buyers are ready to take control and resume the climb . Funds are still finding this but the number of funds is increasing and there are some high quality players in the pool too . 146 Funds with holdings as of March 2021. Sales and earnings show nice growth trends , and institutions are already holding a decent portion of float and clearly supporting it . I see this has a high short float at 16.33% with a 7 day ratio. Honestly, based on fundamentals this is the last stock you would want to short imo, solid fundamentals and nice technicals too. But the reason I mention that short float is that it could actually simply serve as an added price boost as those bearish players are squeezed . Unless they know something we don't but ill follow the volume , sales/ eps , and institution's . Longby NAK1987Updated 771
US Stock In Play: $ASO (Academy Sports and Outdoors Inc)$ASO navigated out of its consolidated price pattern with a resurgent of its uptrend coupled high sessional volume, rallying up +15% this month (April). $ASO was previously whipsawing along its 20DMA over the course of 7 weeks since the start of February. $ASO is currently trading at $32.70, merely a dollar away from its all time high. At the current junction $ASO is displaying a congested price pattern with dried up volume, posing for an all time high breakout in the upcoming week. $ASO through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States.Longby jfsrevg445
next short squeeze ASO according to redditThe numbers back it up. pile in. Shorts have yet to cover and may have increased their short position more since 3/15/21. I have $35 strike calls 4/16 expiry. It's like a southern dicks sporting goods that have the majority of its locations concentrated in states that don't have mask mandates. Longby EBITDAtigerUpdated 7
ASO Bull PennantASO is within a Bull Pennant - higher probability exit upwards toward BLUE upper trend line Longby peterbhc2
ASO - Short Term PT 35ASO short term C&H breakout confirmation here and signals an implied move towards $35 ($34.83 to be exact). Watch the red resistance line above as it has been rejected by that 5 times since IPO. Long term, that bottom trend (not pictured) will eventually catch up to that top trend line and create a fallen wedge. You could play the short term implied move here but more money to be made imo on the downside playing that resistance line and eventually the rising wedge breakdown.Longby MarketMotion3
Trend line rejected wait for entryMACD is elevated and the RSI in the white (over bought). Wait for a test of the yellow support line and if it fails wait for entry at lower trend line.Shortby peterbhc223
$ASO Rallied Ahead of EarningsGood volume buying rally ahead of 1st earning release. Tomorrow morning gonna be interesting.Longby TaPlot2
$ASO setting up a breakout tradeA hot IPO stock that could possibly be working on forming the handle of a cup and handle pullback pattern.Longby TaPlot226