Wednesday, July 05, 2017 12:50:01 PM
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
Recent ORLY News
- Gabelli Funds to Host 48th Annual Automotive Symposium at The Encore at Wynn, Las Vegas, Nevada • GlobeNewswire Inc. • 10/07/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/01/2024 08:31:22 PM
- O’Reilly Automotive, Inc. Announces Dates for Its Third Quarter 2024 Earnings Release and Conference Call • GlobeNewswire Inc. • 10/01/2024 08:30:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 08:31:09 PM
- Form 5 - Annual statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 08:30:26 PM
- Dell, Palantir, and Erie Will Be Added to the S&P 500; Boeing Avoids Strike; Apple Event Takes Place Today • IH Market News • 09/09/2024 10:05:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/29/2024 08:30:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/29/2024 08:30:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 08:30:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/27/2024 07:57:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:31:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:31:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:30:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 08:30:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 08:30:12 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/21/2024 08:15:20 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 08:46:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:30:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 08:03:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2024 08:30:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2024 08:30:09 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/15/2024 03:07:37 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/14/2024 09:05:39 PM
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