1
AEO stock has slipped past the strong trendline support that has been in place since May.
2
American Eagle Outfitters Inc. (NYSE: AEO) stock’s 52-week price range is between $9 – $17.
AEO stock was in an uptrend earlier. Before the quarter earnings, the AEO share price did not show any signs of weakness in the trend and followed the trendline support. In order to continue to move upward, the price was waiting for a pending pullback or profit booking, which happened just after the Q2 results. On the daily charts, AEO stock has turned bearish and may decline more to form a support near fib 50.00% level.
AEO stock price was at $14.48 with neither an increase nor a decrease. In the intraday session, the price was stagnant at a 0.00% change. Moreover, the intraday trading volume of AEO is 5.545 Million less than the 10-day aggregate volume of 5.91 Million. Just after the results, the profit booking came and the price slipped below the trendline suppor
We współpracy z: https://www.thecoinrepublic.com/2023/09/20/aeo-stock-forecast-will-nyse-aeo-decline-more-or-rise/
