AutoZone, Inc.Long
VCP in action on AZO
Updated
I have a position in AZO already.
Session from Thursday looks like a shakeout. Moved to new local high on Friday. I am missing a bit a clear confirmation on volume.
Next decisive level will be 2267. After that we have blue ocean ....
Time will tell :)
Trade safely!
Session from Thursday looks like a shakeout. Moved to new local high on Friday. I am missing a bit a clear confirmation on volume.
Next decisive level will be 2267. After that we have blue ocean ....
Time will tell :)
Trade safely!
Note
today's open was too good to be true - so the reverse was a bit scary ... we will have a wide range candle today showing a bit of indecisivness ... Lets see how it develops.
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