19.06.2014 - Advance Auto Parts will probably continue to grow
The price of Advance Auto Parts has broken through the upper boundary of the triangle and approached the round digit of $ 130 per share. Traditionally, after leaving the triangle expected strong price movement. If the price fixates above 128.50 and breaking through the level of 130.00, we recommend opening long positions with medium-term targets 136.00 and 150.00. Within the correction the price may fall to 124.00.