Aug. 8 at 3:28 AM
AutoZone, Inc.
$AZO (2D)
Bullish Flow: Heavy absorption taking place near multi-month lows—smart money is stepping up to defend the channel floor while volume drops off, signaling seller exhaustion. 🐂 💧
Bull Key Level:
$3,272.00 (The ignition threshold; clearing this high-volume node triggers an immediate short-cover squeeze into upper resistance) 🐂 🔥
Bear Key Level:
$2,800.00 (Macro trendline invalidation zone and breakdown boundary) 🐻 ⚠️
Targets:
$3,480.00 /
$3,725.00 💰 🍻
Why:
$AZO is attempting a clean V-shaped base expansion after sweeping liquidity right at the
$2,884 support zone. Holding above the local
$3,000 psychological handle allows price to charge through the dynamic ribbon and test the macro descending trendline.
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