TrueTraderOfficial

Sunday Prep 10/24 - $ASO This Name has been Acting Really Well

Long
NASDAQ:ASO   Academy Sports and Outdoors, Inc.
I know Goose is gonna love me for putting this one on the list, lol. This name has really been acting well even while the retail sector has been flat-ish at best (with the exception of $M of course). I would take a shot on a flush down to 42ish, but if that area can’t hold, I would still be VERY interested in getting long this name if it can test the weekly 20sma down around 40. One thing to note is that I wouldn’t be caught dead long this name if it loses 38.70. I feel like under that level and this thing very well may test the 200d way down at 34.



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