AAP on a 240 minute chart has completed a Fibonacci retracement of the previous trend down
which covered April to October 2023. Support was retested for a month or so. The retracement
starting in December is now to the standard level and price is being rejected there. The faster
RSI topped out at 65 while the slower RSI line ( black ) never got over 50. As an aside,
AAP is weak compared with AZO, its peer and leader in the market sector. I am looking for
stocks to short to get synergy from and general market downturns. I have found one. This short
trade is supported by the predictive algorithm of LuxAlgp.
which covered April to October 2023. Support was retested for a month or so. The retracement
starting in December is now to the standard level and price is being rejected there. The faster
RSI topped out at 65 while the slower RSI line ( black ) never got over 50. As an aside,
AAP is weak compared with AZO, its peer and leader in the market sector. I am looking for
stocks to short to get synergy from and general market downturns. I have found one. This short
trade is supported by the predictive algorithm of LuxAlgp.
交易开始
Price fell but not enough to adjust the stop loss yet. Holding and watching.注释
Price fell; stop loss adjusted to break-even now a risk free trade.
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。