AAN seems broke through corse level of resistance & moneyflow has recovered. We think this will have a upward move from here.
We are looking for a long entry from $28.04 to $30.43 or higher.
Yesterday price bounced off the 200 MA which has shown to be a strong support line for the stock in the past. We have seen a strong rise in the OBV which indicates volume is increasing on upward price moves. The trigger for this was that the ADX was over 35, the current trend is up, and the Stochastic (8,1) fell below 30. I will enter the trade 1 tick above...
This morning, the leading specialty retailer Aaron's Inc (NYSE:AAN) is making a new 52-week low. The company is engaged in the leasing of various products, including televisions, computers, various electronics, and household appliances. The stock has been plunging since July 1st, 2014 when it traded as high as $36.73 a share. Today, shares of Aaron's Inc stock is...
