The market is getting heated. I eased into JWN below 13 with long term call options but I did not expect it to go bonkers so quickly. I scaled out. I'm hoping to see the market cool off some and look for more discounts or retracments. JWN might keep going- I don't know but I buy into fear, not fomo.
(renko chart not playable in published ideas)
Nordstrom mantiene un canal interesante entre los $11.90 y $14.00 y registra acumulación en estos niveles. En cuatro días presenta resultados trimestrales lo que podría impulsar el precio hacia los $15. Es una compañía que ha mostrado reacciones mayores al 5% en los días de reporte. Es una de las compañías retail más afectadas por la pandemia que esperamos que...
Good morning or good evening depending on what time zone you're in when reading this. 🤠
Today on the 25th our biggest stock in the portfolio released their Q3 earnings report. As of now we are 74% up on average in this stock. For all of you who aren't aware of what JWN is;
Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories....
Cash / share $7
PE 2021 ca. 12.8
short qoute about 46% !!!
technical buy signals ( MACD, mov curling up, move above DTL ...)
Targets: st $ 22. / 25
Despite a st overbought indicators a massive short covering run is aware, especially when the res at $25 is broken..
Shorts are leaving share price will go past 22$ and keep climbing.
Analyst to late to the party again saying JWN has one of the strongest buissness models vs its compeditors and are financialy strong.
From 45% shorted to the low 20%.
Future looks brighter then ever after covid for Nordstrom as competition has slowed down and they are moving aggressiv.
Take into...
Gz to every one that baught with me.
Im up close to 80% on my portfolio
Heavy in two stocks
STOR from 15$(now 30$)
And JWN from 12$(now 16$)
Expecting 3-4x + so not selling.
Both have future potential growth at low values.
Now i just HOLD.
It is crazy the market is valueing JWN as a 1.8Billion when they have 1 billion in cash alone not to talk about there assets, shorted by 40% i just see this stock explode in share price in the future thanks to that. 3x/4x you're money at this price.
I trust this managment they have shown to great effect why they should be the nr1 retail-fasion clothing store in...
Nordstrom's been hit really hard - and rightfully so. It's a department store in the era of specialized stores. As a sector, department stores are commodity brands with minimal appeal. That said, out of all the department stores, there's really only one store that has made a brand for itself - Nordstrom. Of all the stores out there, I believe it has the least...
NYSE:JWN looks to have finally broken out of the falling wedge.
Ideally would love more volume but look for a retest on the previous resistance trend to now act as support.
Long over $14.50 with a PT of $25. SL at $13
None of the content published constitutes a recommendation that any particular security, portfolio of securities, transaction or investment...
Thank every one who sold today :) 22$ next goal online and automation is on JWNs priority list. I see dividend and growing cashflow thru 2021-2022.
Can end up 50-80$ if your brave enough to hold it or call option it
35$~ is a fair sell company value.
Bellow 14$ is a 60% Company discount.
16.5$ for 50%~ (2x) you'r money.
Potential 2.5-3x, customers are flocking to there stores while the stock falls.
350 stores, stock selling for bellow 2 billion, company revenue 2021 will be 12 -16 billion+.
1 billion in cash.
It is dumb-money cheap now, investors are to scared they forgott to use logic.
