adriel.arrasmith

AAP in a Downtrend. Targets 130.

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NYSE:AAP   Advance Auto Parts Inc.
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As you can see here after putting in a double top we have broken out of the daily channel from about 1.5 years ago. We are also diverging on the weekly/daily. The break of this channel and support/retest puts us in a downtrend targeting $130. I think we could very well see this in about a month.

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