American Eagle Outfitters, Inc. (AEO) Stock Breaking Out

Shares of American Eagle Outfitters, Inc. (AEO) are breaking out today on heavy volume as the stock rebounds from the lower $12's. American Eagle Outfitters, Inc. has been killed over the past three months because the company has a ton of inventory to get through this fall.

American Eagle has formed a double top at $19.74 on the charts but I believe the stock can get back to $16-$17 over the next 6 months. American Eagle is still very trendy and I thing sales of Jeggings will heat up as well. Keep an eye on $13.54, when the stock breaks above this level, American Eagle should start a new uptrend.

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Stock Earnings 3/11/09 March 11, 2009

As Wall Street soars on the Citigroup profitablity news and the Mark Haines bottom call, the following companies will report earnings tomorrow, March 11th.

Companies Reporting Earnings for March 11, 2009

American Eagle AEO - 3/11/09 8am .20EPS

Vail Resorts MTN - 3/11/09 8am 1.29EPS

LDK Solar LDK - 3/11/09 8am -.84EPS

Staples SPLS - 3/11/09 8am .42EPS

TBS International TBSI - 3/11/09 4pm .72EPS

Hott Topic HOTT - 3/11/09 4pm .31EPS

Oceanfreight ONCF - 3/11/09 4pm . 34EPS


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