SMITH A O CORP NYSE:​AOS

If this close above the blue pivot, then I will BTO 2019 calls. Loos quite promising on both channel and RSI/MFI

AOS is running within a channel formation & now challenging its channel resistance. It also seems shaping a H&S formation. We think it has good downside potential from current level. To Play this we would consider $65 July puts ($2.95) * Trade Criteria * Date First Found- February 22, 2018 Pattern/Why- Upward channel; H&S formation Entry Criteria- From...

AOS is running within a channel formation & now challenging its channel resistance. It also seems shaping a H&S formation. We think it has good downside potential from current level. To Play this we would consider $65 July puts ($2.95) * Trade Criteria * Date First Found- February 22, 2018 Pattern/Why- Upward channel; H&S formation Entry Criteria- From...

AOS AOS Technical Signals MACD: Bullish crossing on 2/16/2018 at -.06 Moving Averages: 50 MA crosses under price with volume on 2/14 giving a short term bull signal, 20MA also crossing under price on 2/15. RSI (14): Sitting at 56.46 and trending upwards, showing bullish momentum. Bouncing off a strong support at 60 First Target: 70.80 Second Target...

Oscillators down; Down from historic high point

.886XA 1.27AB=CD 2.0BC

This is a solid company so it should bounce right back.

Good report a few weeks ago has contributed to the growth of this stock. Breaking the pattern gives us the entry point.