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
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
Nota
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.Nota
Additional and final position added at $38.00 with average holdings now near $46. No further entries will be opened. Bought and hold, now...Dagangan ditutup secara manual
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. 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.