adriel.arrasmith

AAP in a Downtrend. Targets 130.

Short
NYSE:AAP   Advance Auto Parts Inc.
1
As you can see here after putting in a double top we have broken out of the daily channel from about 1.5 years ago. We are also diverging on the weekly/daily. The break of this channel and support/retest puts us in a downtrend targeting $130. I think we could very well see this in about a month.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.