Close over $25 puts this above resistance with potential for a good run as high as $35. Relative strength present but volume a bit lacking. Long as we stay over $25 I'm interested swinging this but really would like to see volume pump in.
ความคิดเห็น:
Earnings 33 days away. KSS holding the EMA alignment where we haven't had a close under since Jun 26. This is not a stock that is going to outrun the market; at least, not based on the evidence presented so far. But if we can get continuation off yesterday I'd be willing to take a partial entry. Should this start showing leadership, add on.
ความคิดเห็น:
This has taken a while to get off the ground but has definitely gained traction over the last week. We got the bullish engulfing on the 24th followed by a doji up top, then another BE followed by another doji holding the top of the candle. Where SPY printed an inside day Fri KSS opened Fri at Thurs O and printed green. Relative strength. Volume still is lacking. Would wait for this to first close under the EMA(3) then see what happens but I'd prefer C < EMA(9)
Still, have the EMA alignment and above the 9 so will keep this on radar for time being.