Very high short interest remains in the stock and may soon begin to cover those positions Stock is approaching POC at $17 which should act as resistance The major downtrend from 2014 is at approx $20.00, if by some chance it reaches and breaks through, a major rally will be on the cards PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR WORK, THANK YOU.
Huge move yesterday for SIG after breaking out of channel Earnings are approaching but despite yesterdays move the stock is 90% of its highs If the stock can move above $16 it could run much much higher
SIG - Ichimoku chart (45 minutes and 1 hour time frames) shows it's going higher. Unusual option activities indicates a huge call buying on 6/19 $12 for $.075 to $1 per contract.
Beaten down retailers beginning to get some interest in the past few days Very high 32% short interest Company profile Signet Jewelers Ltd. engages in the retail of diamond jewelry. It operates through the following business segment: North America, International, and Others. The North America segment operates jewelry stores in malls, mall-based kiosks, and...
The stock carries a huge 32 % short interest which may be starting to fell the urge to cover. The market rallied big today but SIG did not mange to break resistance, tomorrow is another day so lets see if KSS WMT and HD can get a retail rally going pre market. Possible upside targets $11- $12
Huge Short interest in the stock which could do some covering today
Really interesting the technical situation of Signet Jewelers, WHAT DO YOU THINK ABOUT IT?
MAy put s bottom in for the stock and place some confidence among investors Stock popped on good earnings before further capitulation
$SIG looks to be a smart long-term play. We believe the stock is way oversold. $SIG trades at just 0.07x sales, 0.28x book, 1.12x cash, and 1.22x FCF. There's also a large short position with 23% of the float short. We believe there's more upside than downside at current levels. Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and...
SIgnet looks set to rally as online sales save the day Signet (NYSE:SIG) reports comparable sales rose 2.3% in Q4 to top the consensus mark of +1.1%. Zales was a top-performing chain with a 5.9% comp the quarter, while Piercing Pagoda delivered a 7.7% comp. North America comparables sales were up 2.9%, offset in part by a 3.1% drop for the international...
High risk - High reward trade into earnings
Small trade into earnings given the possible upside % return for very small $$$ value. 100% before noteable resistance hit @ $12.20 Much will depend on the commenatry regarding projections and supply chain. High short interest of 22% must be thinking that time to cover is approaching, shorts will not want to get trapped in a worse case scenario for the stock.
SIG - Supply Dominance, Outperforming Market Composite Average. The Accumulation Area defines the Accumulation Process that turned the momentum to Bullish . You can see the Change in Dominance after the initial Accumulation Points. This stock is Outperforming its Market Composite Average and even its Sector. You can see the Change in Performance (or Change of...
Imminent golden cross Increasing volume Target - 50 Stop - 30
Signet gave the shorts a bit of a squeeze yesterday and today gets its price target at Citigroup raised to $22 from $13 while the maintain a sell rating ? try figure that one out. The stock is still in a well defined channel and until it breaks out and climbs above the 100 day moving average there is no need to be jumping into a trade. They 2015 highs are 300%...