Happy Mothers Day!! To all of you who give birth to our children, you deserve so much more than just one day a year... Now don't take this wrong but when I think of the women in my life they all have one thing in common - Shopping! In the best way possible, they all love to shop or have accepted the shopping "chore" as I refer to it. Shopping is a HUGE chore...
As in my past analysis for JCP, I showed that the key for this stock to go higher is the supporting performance and news. This stock has a bright future, volatility was very high for this stock in both directions (up & down) which means there were some smart money out there accumulating in the stock (it is obvious in the positive divergence with the RSI). What's...
Retailing has been slightly outperforming the S&P since June. Target could have a nice short term rebound as the S&P rebounds in the short term. Conservative initial target: 38.2% fibo at 61
BAM! Bagholders united, here we come. Never buy in an IPO, wait for it to settle down.
Price previously came to a support area and jumped back up. Now, it came back again to this support area to create a good entry for those who missed the initial support area bounce up. Price should go up, and there is a high reward to risk ratio so it's ok if it doesn't go up
Macy's is trying to break a consolidation phase in place since March. With a shift toward consumer discretionary underway, this stock could run if it breaks this March-April resistance line.