Friday, January 11, 2013

Get Out of The Zone

Autozone (AZO) - Weekly
AZO forming round top much like we saw in Best Buy in 2011
  • AZO is in a major Bear fork
    • Break below 330 would be very Bearish
  • If AZO can break 370 it would be Bullish
For AAPL the dead drop will continue
  • 460-480 will play as support
    • Most likley short term bottom
  • Break below 460 would be very Bearish