Feb. 10 at 4:12 AM
$AEO is stuck in purgatory between
$10-26. Recent earnings beats got it pumping to resistance (
$26) but couldn't break through. Currently bleeding back to
$23. Bulls need to hold
$22-23 or next support is
$16.70, then
$10. Bears need to crack
$22 to really hurt this. Fundamentals improving but still burning cash. It's a range-trade until it ain't. Key levels marked:
$26 is the boss fight,
$9.60 is game over.
https://share.trendspider.com/chart/AEO/94993g2wn8t?_go=anonmav