AUTOZONE INC

NYSE

AZO

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Autozone has been in a downward slide, but we have two support levels coming up that could push it upward through its trendline for a short-term rebound. A break through that downward trendline is the buy signal. Autozone has excellent analyst ratings and a long-term uptrend.

AZO is long term upward channel breakdown short setup. Look for a break below 1087.47.Target 996.85, Stop 1138.65. Could consider September 1080 Puts (currently $33.70)

Combine that with a weak sector and insider selling. Might have a nice little short setup here! - Acorn Wealth Corp

Simply weird. Backtesting.

AutoZone’s strategy of fast delivery of high-quality products is expected to drive third-quarter fiscal 2019 results. Besides having a growing physical presence through ramping up store openings, its online platform is adding to a impressive growth performance, these online initiatives will further improve sales and market share for the leading retailer and...

This is like the babushka doll of crab patterns... 1.618XA and 2.0XA of the large and medium patterns line up really close and rejected the price action Friday. 1st PT of the smallest crab lines up w channel support. This is another one of those consumer cyclicals I'm looking to trade as they don't track the indices as closely as something like tech.

This is a clear long term short play.

The safest is to wait for a decisive break-out before selling a stock short.

AZO is approaching our first support at 795.50 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 50%, 23.6% Fibonacci retracement) where price might bounce to our resistance at 894.11 (horizontal swing high resistance). Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price.

AZO is approaching our first support at 795.92 (horizontal overlap support, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 893.64 (horizontal swing high resistance). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.

Watching to see if this bounces off either top of channel or downward trendline. PT is major support at $792 with possible more room to fall.

Here is how I trade: 1. I find WINNING investments (aka: Above the 200 hour EMA) 2. I look for clear winning scenarios (aka: Low crossing stochastics) 3. I play the odds in my favor (aka: Using stop losses and take profit levels) Way too many people have a pride for the economy. They think that it can never go down. They are almost insulted by the drops in the...

Daily The price rejected from the FIB 0.618. --> Sell

If trade works out, I'll adjust my stop loss as new supply zones form. Target is set all the way down on purpose of adjusting the stop loss.

Nice break out of bullish flag, with volume confirmation.

This is an almost complete Head and Shoulders Pattern, on Autozone INC (AZO). The vertical distance from the head to the neckline is the minimun objective. The chart shows that the movement is almost complete.

2 days ago. I am not crazy about AZO. It has fallen twice in recent memory to HnS patterns. However, the recent fall has followed the general market with a major correction after the Jan 26 top. If the market goes on a wave 5 now and AZO follows, there is a good chance it will get to a new ATH or at least close to the previous Jan 26 top. The rewards to risk ratio...