AMERICAN EAGLE OUTFITTERS INC. -AEO
Monthly chart shows price well below the 8ema, with sellers taking price down to test current support at the $21.50 area.
Weekly chart shows major resistance ara at the 34ema, 89sma and .382 fib level of $26-27.00. Next downside target is .786 fib level at $17.65 area.
Daily chart shows impulse price action as sellers continue to bail out of the stock.
Friday, October 19, 2007
AEO Update for 10.19.2007
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