Advance Auto Parts Inc.
Panjang

V Cup and Handle Earnings 11-10 BMO

90
AAP fell from a rising wedge at 155ish but seems to have recovered

Possible T2 298.5 to 333

This pattern is only valid at or over LE (Long entry) level

Trading close to earnings is risky

I have always felt this is a healthy company that has been somewhat undervalued in comparison to it's peers

But I do know the market does not care what I think..lol

NV is low on daily but high on hourly..OBV is high

Short interest a bit higher than I thought it would be

Just an observation

Be safe


Penafian

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