Advanced Auto Parts
AAP has gone through an exquisite shakeout of shareholders. Currently trading near $64, the stock is currently testing my "stock crash" simple moving average (seen green SMA lines). From a technical analysist standpoint, it's in a personal buy zone. This stock has tested this simple moving average level a few times in the past and recovered very well. Will history repeat?
Target #1 = $88.00
Target #2 = $110.00
Target #1 = $88.00
Target #2 = $110.00
註釋
Despite the -20% drop post earnings, the bounce today was off the low end of the green SMA pictured in the original analysis. Perhaps there is a double bottom forming with the news AAP is selling Worldpac to Carlyle Group for $1.5 billion. Still bullish, despite the headwinds. Position added to at $51.00.註釋
Additional and final position added at $38.00 with average holdings now near $46. No further entries will be opened. Bought and hold, now...手動結束交易
Selling on the 60% jump today at $50. Average entry was at $46 (8.6% gain). Better investments exist and there are still a lot of headwinds ahead for AAP. The new gap is looming and likely will get tested or closed in the near future. If you enjoy this idea, please follow for more: tradingview.com/u/WorthlessViews/
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If you enjoy this idea, please follow for more: tradingview.com/u/WorthlessViews/
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
