Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis. The company offers denims; and men's suiting. It also designs, manufactures, and sells women's apparel, such as dresses, tops, jumpsuits, bottoms, sets, jackets, and rompers; and sweaters, skirts, shorts, athleisure bottoms, and other accessory products. In...
"Consumer retail is 70% of the economy". If anyone know where we are heading next, it should be the major big box and big web consumer retails names in the "WATCH" INDEX. WATCH is just Walmart Amazon Target Costco and Home depot added together.
Head and Shoulders formed on Pepkor a few days ago. The price broke below the neckline accompanying with other bearish signals. 200 >21>7 MA- Bearish RSI<50 - Bearish divergence with lower highs Target R16.38 ABOUT THE COMPANY Pepkor was founded in 1965 by Renier van Rooyen and his wife, Elsie. The company started as a small clothing store in Cape Town,...
Young corporate executives in Mumbai, who may never have read Marx, were recently circulating by e-mail portions from Karl Marx's 150-year-old writings which lucidly talk about a stage in capitalism where banks would throw ever larger doses of cheap debt for consumption until there is a crises of repayment and the state would step in to take over the banks....
Falling Wedge which looks more like a rectangle flag formed on Metair. We then saw a Major breakout today. The next target is generally to the top of the formation. However, we have mixed signals and a warning. 200>21>7 - Bearish RSI>50 - Bullish Target R30.00 WARNING We need the price to break above the 200MA to indicate it's in a confirmed uptrend. We...
Target reached at R68.24 7>21>200 Bullish Cup and Handle worked and now we'll await the pattern. RSI >50 Look, the trend is still up and so we'll need to wait for the next setup.
W Formation has formed on Shoprite. The strangest thing is that the 200MA is actually the Neckline of the pattern. so if the price breaks below the 200MA, all Heck is going to break loose. There are other bearish signs like 21>7>200 RSI<50 Bearish bias My first target is R189.75. CONCERNS: We haven't had a break of structure yet. This means, the position will...
According to Triangular patterns, Retails analysis and Indicators BTC is in a bearish run.
I bought some of this near the IPO back around $15 a share. I cashed out around $28 a share. I wished I had held, it is now near $63 a share. Small cap sports retailer out of Katy, TX with superb financials and growth plans. 0.47 PEG, ROE of 41.71%. Solidly increasing free cash flow and margins. Solid and steady accumulation. $67.13 is 1.618 extension on...
According to my analyze I predict that ETH now is in bullish run.
not for buying trader community beyond tech., analysis
Broken out of downtrend since September 2022 Cup and Handle has formed in the interim (with the handle in play). We just need to wait for a breakout to the upside 7=21 but looks like it wants to cross up. RSI>50 - Bullish (Good) Target R140.24 General Info: The Foschini Group (TFG) listed in 2002 on the JSE is a South African retail company founded in 1925...
Keep an eye on Retailers in the US. Fundamentally it doesn't feel right but technically its telling a different story. Nice consolidation off the 200 weekly ma since may Last year. Level is clear here. A convincing weekly break above $66.50 should see this move higher to at least a target of $77.50
I don't like the setup yet on EMTY - but there is a lot of fundamental evidence pointing to a rough 2023 for retail. Container imports are plummeting - that is a sure-fire sign of falling retail demand: www.descartes.com AMEX:EMTY
Higher lows are being formed on Costco although it seems that this one could continue to fall, not much was able to be done above 533 on it which was a major resistance.
Here are the SPY Cycle Patterns for this week. Expect more sideways melt-up trending as we head into the Fed rate decision and key economic data. Traders will start to shift into early 2023 expectations this week (after the Fed). Check out my other posts. The markets are not expecting anything extraordinary right now - more of the same. The Fed rate decision...
ERAA weekly chart show us that there is Head and Shoulder pattern (Reversal Pattern From Bullish To Bearish) and already break the H n S neckline. Thats mean ERAA will going to the target area HnS at price 380-390 in the long game (Weekly). Stochastic indicator in weekly already Oversold, so there is a chance price will have a short Rebound to the Neckline...
USD is having upside from the shaky risk perceptive that is the result of CCP protests in China. AUDUSD has traded into support following the dissapointing AU retail sales data. Despite this I'm bullish the pair, as generally the market sentiment feels USD bearish & I'm looking for this trend to resume. Find out if the AUDUSD will appreciate alongside me.