ORLY trade ideas
ORLY Bearish SwingORLY is in a bearish channel. Many stocks right now are at a support or resistance zone, and it is difficult to gauge where it may go. This one is in the middle of a downwards move, making it slightly more predictable. ORLY is in the S&P500, and tradingview is rating this as a "sell"
$ORLY O'Reilly Auto - Short Term Play$ORLY O'Reilly Auto - Short Term Play
This stock has been in a tight channel range since its last earnings.
Looking at a short play here at the top of the channel leading into ER later this month.
Fundamentally, time spent driving in the US was down significantly for several months.
For an auto parts company, I can't imagine they had a great quarter...just speculating.
Near term target: $410-$420 range
Saham syarikat ORLYORLY adalah kod bagi syarikat O’Reilly Automotive yang diperbuat dari segi sektor pengguna. Mengikut pemerhatian gelombang sahlun tentang saham ini adalah downtrend@bearish dengan penurunan sebanyak 15.45% dalam tempoh 3 bulan lepas. Dari segi Syariah, saham ini adalah Patuh Syariah
Stock ORLY SeasonalityStock ORLY seasonality starts to Buy date on January 23 and ends Sell date on April 27
Percent Profitable is 89.47% in 19 years and an average return of 10.28% per year
ORLYSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
* Click Like and Follow to Support My Work!
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Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.)
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
---
DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
- Nothing we say is a recommendation to buy or sell anything.
- There are no guarantees or certainties in trading.
- Many traders lose money. Don’t trade with money you can’t afford to lose.
Alex Vieira Fund Reducing Investment Stake in O'Reilly $450YES! REAL-TIME! STOP RELYING ON SCAMMERS TODAY! ORLY STRONG BUY SINCE $58. AUTOZONE STRONG BUY SINCE $356
IT'S TIME TO GET RETIRED!
ORLYSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
* Click Like and Follow to Support My Work!
---
Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.)
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
---
DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
- Nothing we say is a recommendation to buy or sell anything.
- There are no guarantees or certainties in trading.
- Many traders lose money. Don’t trade with money you can’t afford to lose.
ORLY HFT Gap Up to New All-Time HighORLY broke out of its sideways pattern with a High Frequency Trader gap up. It is now at another new all time high.
$ORLY O'Reilly Automotive On verge of breakout. Entry level $415 = Target price $460 = Stop loss $399
Huge breakout imminent as price has become very compressed and approaching the apex of resistance.
MA's strong support.
Indicators bullish with room to run before overbought.
P/e ratio 24.30
O'Reilly Automotive, Inc. owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. The company provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts; maintenance items comprising oil, antifreeze products, fluids, filters, wiper blades, lighting products, engine additives, and appearance products; and accessories, such as floor mats, seat covers, and truck accessories. Its stores offer auto body paint and related materials, automotive tools and professional service provider service equipment. The company stores also offer enhanced services and programs comprising used oil, oil filter and battery recycling; battery, wiper, and bulb replacement; battery diagnostic testing; electrical and module testing; check engine light code extraction; loaner tool program; drum and rotor resurfacing; custom hydraulic hoses; professional paint shop mixing and related materials; and machine shops. Its stores provide do-it-yourself and professional service provider customers a selection of brand name, house brands, and private label products for domestic and imported automobiles, vans, and trucks. O'Reilly Automotive was founded by Charles F. O'Reilly and Charles H. O'Reilly, Sr. in November 1957 and is headquartered in Springfield, MO.
ORLY - Fibonacci RetracementLooking at Bear Put Spread Jun $390 / Jun $370. This could bounce off the 50% line and then I will go long.
2019 - Self Improvement Currently looking to short ORLY. The market is bearish right now and I believe ORLY will follow suite. The stock is in a very large bump and run formation, while also being in a symmetrical triangle. I expect for a breakout to be downward where I'll pick up a position, then add to it on a minor pullback as it hits the moving average. The target price is calculated for 291 by subtracting the highest high and lowest low of the symmetrical triangle then subtracting that from the breakout which should be around the 336 range. But I should put a stop sell for a chunk of my position around 294 considering nearing support around 293. Then afterwards sell as it nears the trending support line.
My top trendline was off. I adjusted the top trendline to account for today's price action. Makes more sense too as it includes the wicks from candles previous.
ORLYDue for a correction, losing steam. Turning into squeeze play on daily.
342.20
Chart used for my own historical reference.
$ORLY due to pop or drop. RIGHT near earnings. Most of my idea is on the chart there in the chat bubble. I'm expecting a pop or drop from this triangle. I just noted that I think its funny that its due to happen right around earnings.
[ORLY] Phase 2The price is above the 30MM. I think the price will bounce to break the resistant and continue the phase 2.
