Call Buyers Profit in $AAP

In our Lighthouse Point Platinum Option Trading webinar, we discussed Advanced Auto Parts($AAP).

The stock broke out of a clear triangular consolidation combined with market and sector bullishness.

A normal breakout pattern will get from 80-100% of the height of the pattern.

So the high at point one was $107.79 and the low at point two was 96.57 for a height of $11.22.

Using the 80-100% range the targets work out to be from $9 to 11 in the direction of the breakout.

In this case the breakout from three, $100.99 launched above $113.15 in four days.

Subscribers took profit and rolled up!