AutoZone Is A Buy Breaking Out To New Highs (Technical Analysis)

M. Suhail AutoZone, Inc. ( NYSE: AZO ) is a stock that has broken out to new price highs after earnings, which I find bullish.

In this article, I will outline my bullish thesis using my technical analysis methodology which focuses on price action, momentum, volume, and Analyst’s Disclosure: I/we have a beneficial long position in the shares of AZO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha).



I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor.

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