PRTS
PRTS LONG BREAKOUTClear evidence of a symmetrical triangle on the verge of breaking out. I believe the bullish trend leading into this triangle should be a indication of breakout to the upside, however we should also be aware of the potential downside. Breaking below the bottom support of this triangle could lead to a correction testing support at around $ 9.00 - Breaking out above resistance could allow us to test highs of about $ 16.00. -
$PRTS - Bullish Momentum From Retracement (Risky)U.S. Auto Parts Network, Inc. engages in the provision of automotive aftermarket parts. The firm's flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, www.automd.com, and www.usautoparts.net. Its products include Collision Parts, Engine Parts, Performance Parts and Accessories. The company was founded by Sol Khazani and Mehran Nia in 1995 and is headquartered in Carson, CA.
SHORT INTEREST
362.32K 10/15/19
P/E Current
-11.14
P/E Ratio (with extraordinary items)
-5.55
Average Recommendation: BUY Average Target Price: 3.50