ASO Playing a Bounce off Support
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Academy Spots & Outdoors, a wonderful long time company that has been around years, and more recently on the market is fundamentally bringing in more gross revenue and profits every quarter.
Fundamentally, this company is an A+ and is coming in with a 5.5 P/E Ratio.
Technicals Wise, we are seeing ASO bounce off a very strong Triple Support Level.
This is a super strong piece of support, and is seeing lots of buyers coming in to ASO at this Level.
ASO has also been in a bullish wedge formation, and is attempting a break up here off this bounce.
Retail has been sold off entirely through the past few months, and is starting to shape a reversal.
Ways to play :
Shares
Apr. 14 40c or
45C
Many other ways too.
I strongly believe this is a great LT and or Swing entry to ASO.
Fundamentally, this company is an A+ and is coming in with a 5.5 P/E Ratio.
Technicals Wise, we are seeing ASO bounce off a very strong Triple Support Level.
This is a super strong piece of support, and is seeing lots of buyers coming in to ASO at this Level.
ASO has also been in a bullish wedge formation, and is attempting a break up here off this bounce.
Retail has been sold off entirely through the past few months, and is starting to shape a reversal.
Ways to play :
Shares
Apr. 14 40c or
45CMany other ways too.
I strongly believe this is a great LT and or Swing entry to ASO.
Сделка закрыта: достигнута тейк-профит цена
Good Selling Point here
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