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Advance Auto Parts Inc. Message Board

  • variationisenemy variationisenemy Aug 28, 2012 1:51 PM Flag

    AAP looks poised for a breakout

    Based on MACD crossover on 8/14, increasing money flow trend for the last month & regression indicators I use, I think it's ready to move if the stock can exceed these levels:
    Fibonacci retracement: $72.43
    8/17 price: $72.87
    May 18 through current regression upper channel: $72.60

    I'm not long the stock, but have option positions on it.

 
AAP
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