Why You Should Expect a Significant Move in Shares of Aaron’s (AAN)

An ascending triangle pattern has formed in Aaron’s Inc. (AAN).  That means, not only is there a key resistance level in the chart but also a trendline of support…

Aaron’s (AAN) is a retailer of furniture and consumer electronics. The company retails televisions, computers, tablets, mobile phones, furniture, mattresses, washers, dryers, and refrigerators. AAN had a strong quarter driven by strong invoice and e-commerce growth, operating cost management, and solid customer payment activity. 

Take a look at the 1-year chart of AAN below with added notations…

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