//AAP | Bull Flag

AAP | Bull Flag

By |2018-09-11T18:59:36+00:00September 10th, 2018|Current Watchlist|
SymbolIndustryLast PriceChange% ChangeVolume
DateSep 10, 2018Buy 165.70 or 168.50
SymbolAAPStop164.75 or 166.90
SectorConsumer CyclicalTarget 1171.85
PatternBull FlagTarget 2N/A
EarningsNov 14, 2018TradeLong

  ( ) is pulling back in a Bull Flag pattern and finding support at the 9-ema over the last 6 weeks.  A pullback to the 165.70 level would offer a  low-risk entry if market conditions are favorable or wait for confirmation and buy the breakout.

Update 9/11/18:  Bull Flag continues to develop and looks great.  Waiting for the breakout is the safer trade with a stop of $166.90.  Just watch for the 9-ema to hold. Updated hourly chart added below.

Daily Chart 

Hourly Chart

Hourly Chart Updated 9/11/18

Business Summary