Advance Auto Parts Trading Analysis (26/07/2024)
The bearish wave pattern has finished. The multi-candlestick double bottom pattern has formed. There is a bullish divergence on the Awesome Oscillator and the Stochastic Oscillator signals the oversold condition.
Trading idea:
- Buy at the breach of 61.40.
- Stop-loss at 57.77.
- Price targets at 64.91 and 71.00.
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