This company operates as a mall-based retailer of casual apparel and accessories for young women and men in the United States. This stock is trading up 3.6% at $13.53 in recent trading.
Today's Volume: 3.28 millionAverage Volume: 2.49 million Volume % Change: 123% From a technical perspective, ARO is gapping up here back above its 50-day moving average of $13.50 with above-average volume. This moving is coming after ARO recently came out of a downtrending chart pattern that saw shares fall from $14.99 to its recent low of $11.76. This action today is now pushing ARO within range of triggering a major breakout trade. That trade will hit once ARO manages to take out some near-term overhead resistance levels at $14.28 to $14.99 with high volume. Traders should now look for long-biased trades in ARO as long as it's trending above its 50-day at $13.50, and sustains a move or close above those breakout levels with volume that hits near or above 2.49 million shares. If that breakout triggers soon, then ARO will set up to re-fill some of its previous gap-down zone from August that started new $20. Some possible upside targets are $17 to $18. Keep in mind that ARO reports earnings on Nov. 29, so a move into that gap could easily get under way ahead of its report.
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