I like a LONG on APP as a short term play.
Based on President Trumps Auto Tariffs last night. This is going to create a spike in auto part prices to drastically go up.
Anything above $40 there will be a quick $20-30 rip.
Based on President Trumps Auto Tariffs last night. This is going to create a spike in auto part prices to drastically go up.
Anything above $40 there will be a quick $20-30 rip.
Trade active
AAP advanced auto parts store are sitting on a ton of inventory. Initially the value of the inventory has sky rocketed based on foreign vehicles.
Supply and Demand - purchased it for 25% less before yesterday.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.