I feel that the recession is obviously here. And if that were to be the case the tweezer top on the monthly for Ross really makes it bad for this stock. MACD crossing down on the monthly.
Earnings trading strategy signal. The US off-price retail apparel and home fashion stores operator Ross Stores has been increasing sales (from $11.04 bln in 2015 to $14.98 in 2019) and EPS (earnings per share: from 2.24 to 4.3) for 4 years straight. The last two of four published $ROST ratings from analyst companies were good, one was neutral. So the price is...
Ross has a top forming monthly. Macd crossing on weekly as well as rsi maybe topping. This is not trading advice.
$ROST shows a tremendously steady upward trend over the last 6 years. Currently trading more to the upper end of the trend channel. Also my dividend-radar shows that there is no "value" to be had here. Currently for me only a hold and if it moves to the 120-126 area within the next 3 months I will shed some of my position. In the opposite direction it will be more...
BREAKOUT ENTRY LEVEL $113 STOP LOSS $110 PRICE TARGET $123 Average analysts price target $110 Average analysts recommendation OVERWEIGHT Short interest 1.3% P/E ratio 24 Company profile Ross Stores, Inc. engages in the operation of off-price retail apparel and home accessories stores. Its products include...
ROST price is showing signs of an overall uptrend pattern long term, consistently making higher highs and higher lows. Price also trades above the SMA200, indicating potential bullish movement. Price seems to react best with EMA/SMA levels on the 4 hr chart. Price just broke above EMA10, and SMA100 today, also the last candle stick formed a Long Bullish Candle,...
This looks the same on an intraday chart as it does on a daily with a target of about $6.70 per share.
Rost is breaking its support levels and falling, if spy continues to fall. ROST may move lower as retail is starting to weaken. Target set on chart.
ROST 15-Mar-19 IV:45.2, IVR: 100% (Elevated) +0.20D Long 1 Call: 100 Strike @ $0.83 -0.32D Short 1 Call: 97.5 Strike @ $1.53 -0.06D Long 1 Put: 80 Strike @ $0.28 +0.10D Short 1 Put: 82.5 Strike @ $0.45 -0.08D Credit: $0.88 PCR: 45:55 Highest Call OI @ 100, 97.5 and 95 indicating high volume of naked calls or bear call spreads.
This is a risky trade as earning is around the corner. However, MACD indicates that it is about to drop. Maybe the put spread is a good choice to limit the risk, but it will also limit the potential profit if another bungee jumping is coming. stop loss is 95 and 1st target is 90.