American Eagle Outfitters is a retailer of apparel and accessories that also offers personal care products. It sells its products in stores as well as online. It operates stores in the USA, Canada, Mexico, Hong Kong, China and the UK. Price Chart completed over 8 month long H&S pattern. Look for long on a weekly close above neckline of 14.57. H&S Bottom Target...
Red Flag refers to gap up, could this be a bull trap?
im looking for it to correct around the .618 and .78, resistance at the 1
OTHER CONSIDERATIONS:
IMPLIED VOLATILITY/EARNINGS
SEASONAL -- Also, keep in mind some believe that clothing retailers stock price can be influenced by temperature/heat (see: Kohls, Sears, etc) -- with the end of summer around the...
Price moved back up to test $17.30. A break of this level would constitute a high since Aug 2013 and have a potential $1 upside. May be suitable for short term bought call scalp
underlying strength in the stock pushed it to 12 month highs and a further move higher could be worth either a credit spread or short term covered call. Note earnings 10th March so expiry Mar W1
