The Bearish Case for AEO -- Gap up or Bull Trap?
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 corner, demand could and likely will move to other sectors
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 corner, demand could and likely will move to other sectors