08.08.2014 - The price of the American Eagle Outfitters can form a "double bottom"

The stock price of American Eagle Outfitters has broken through the sloping line of resistance and continues to grow. In the case of overcoming the level of 11.85, will be completed by the formation of the figure a "double bottom", which indicates a reversal of the trend and gives the signal to open long positions with targets at 14.10 and 15.40. In the medium term price trend is likely to change the trend and start to grow.

American Eagle Outfitters

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