Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
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| 327.50 |
|
|
|
|
Reason for Buy / Sell / Sell Short / Buy Back:
- Earning was out, stock tried to move higher but was slammed down.
- All 3 indexes have advanced big time, but AZO stock is not moving anywhere. Every time (3 times in fact) it tried to move higher (around $332.50), it got slammed down.
- Long term weekly chart shows that price has came down from the long term uptrend line.
- Intraday shows weakness yesterday when index gapped down before open.
Lesson Learnt:
- Have shorted this stock before and failed. Be careful, no matter what it is still a strong stock.
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