$ORLY O'Reilly Auto - Short Term Play

20 ביולי 2020

ORLY O'Reilly Auto - Short Term Play

This stock has been in a tight channel range since its last earnings.
Looking at a short play here at the top of the channel leading into ER later this month.

Fundamentally, time spent driving in the US was down significantly for several months.
For an auto parts company, I can't imagine they had a great quarter...just speculating.

Near term target: $410-$420 range