Let’s take a look at AAP, Advanced Auto Parts Inc. Breaking a way out of a nice little move above the cloud, pulled back to the turning line and is now cruising higher and the lagging line as with it.
Now, it does have a little bit overhead resistance at these two points at around $162-ish and it’s approaching that. And then if you back up just a little bit it’s got a little bit more resistance right here in the area of $166.
If it can get past those two numbers it will probably climb and retest this area around $181. Okay so that’s AAP Advanced Auto Parts. Marco Helweg’s got a special webinar on ‘’How to Read Market Direction Instantly with this One Free Tool,’’ Tuesday, September 24th at 8PM EST. I will HYPERLINK you to this form.
Good luck. Hope it helps. See you on the next video
Hubert.