AOBC may be poised for recovery tomorrow
Updated
American Outdoor Brands Corporation plunged after its recent earnings beat, but it has some trendline support at the current level. Recovery tomorrow would likely mean it forms a new upward parallel channel. I've bought in here with fairly tight stops, and we'll see what happens.
Comment
AOBC broke its channel at the very end of the day yesterday and hit my stop loss, closing out my position. This morning it has continued downward.
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