Has AEO (American Eagle Outfitters) Started a New Upleg?

With Goldman Sachs upgrade to Buy (from Neutral), and this morning's pre-open pop to 14.75/85, the Sept rest/digestion period appears to be over, which also means that a new upleg is in progress that projects to 17.00-18.00.

Only a sharp downside reversal that declines beneath the recent pullback low at 13.41 (Sept 15).

  Matched “”
x
Take Advantage Of Our Free
7-Day Trial, $71st Month Offer!
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!