O'Reilly Automotive Inc (ORLY): Strong Buy On O'Reilly Automotive (ORLY)...

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O'Reilly Automotive Inc (ORLY)

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Wednesday, 07/05/2017 12:50:01 PM

Wednesday, July 05, 2017 12:50:01 PM

Strong Buy On O'Reilly Automotive (ORLY) Off This Chart Support

I grabbed shares of O'Reilly Automotive Inc (NASDAQ:ORLY) today after the stock collapsed 20% on the back of poor same store sales numbers. This drop caused the stock to fall into major technical support at $175.00. In addition, the stock has already been trading sharply lower in 2017, falling from a high of $277.00. This correction, including today has already factored in the fall in store sales and the technical chart level signals the bounce swing trade. I am looking for a bounce back to $205.00 in the coming weeks.

Gareth Soloway
InTheMoneyStocks

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Recent ORLY News

O’Reilly Automotive, Inc. Reports First Quarter 2024 Results • GlobeNewswire Inc. • 04/24/2024 08:30:45 PM
O’Reilly Automotive, Inc. Announces Dates for Its First Quarter 2024 Earnings Release and Conference Call • GlobeNewswire Inc. • 04/01/2024 08:30:13 PM
Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 08:30:28 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:36:17 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:33:48 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 10:31:58 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 09:30:36 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 08:16:56 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 09:32:10 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 04:51:43 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 03:13:02 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/26/2024 09:11:37 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:31:41 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/22/2024 09:38:50 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:30:46 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/21/2024 09:13:27 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/21/2024 08:02:43 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 09:32:09 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 09:31:20 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/20/2024 08:56:17 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/20/2024 02:51:05 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:33:43 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:32:37 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:31:28 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:30:52 PM

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