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JimVanMeerten (61.08)

Autozone is on autopilot

Recs

1

September 12, 2011 – Comments (0) | RELATED TICKERS: AZO

This morning while using Barchart to screen for stock hitting the most recent new highs Autozone (AZO) popped right to the top.

Barchart technical indicators:

1 - 96% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving average

4 - 19 new highs and up 12.28% in the last 20 trading sessions

5 - Relative Strength Index 66.80 and still rising

6 - Barchart computes a technical support level at 308.46

7 - Recently traded at 314.79 which is above its 50 day moving average of 294.72

Jim Van Meerten is a Marketocracy Master

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