ORLY Entering Parabolic Phase

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Earnings were the fuel that pushed this out of a multi year up-trending channel, however  I suspect this is a trap for those buying at these levels. If you have a good profit in this stock now is the time to unload in my opinion as this is shaping up to be similar to the chart pattern AAPL was in before it fell from $640 to $560. This may run up another 20 points from here but sooner or later this is going to have 3-4 days of massive selling and it's never fun to get caught up in one of those and see gains disappear. Be smart and sell some now and trim other shares as it moves up.


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