Advance Auto Parts Inc.
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AAP Approaching Support, Potential Break out!

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AAP is approaching its support at 153.97 (channel support) where if broken, will trigger a further move down to its next support at 144.73 (38.2% Fibonacci retracement, horizontal pullback support).
RSI shows that price has broken out of its ascending support-turned-resistance line which contributes to our bearish bias.

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