Autozone short-term rebound setup
Updated
Autozone has been in a downward slide, but we have two support levels coming up that could push it upward through its trendline for a short-term rebound. A break through that downward trendline is the buy signal. Autozone has excellent analyst ratings and a long-term uptrend.
Note
Autozone broke through the trendline. Wait for pullback to support to buy.Note
Look how beautifully it hit my upper trendline and then reversed!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.