workingtraders
Long

Long idea for $BONT

BATS:BONT   THE BON-TON STORES, INC
154 1 3
Technical Play

Nice bullish engulfing candle today at major support level .
Signaling buyers are still interested in this stock.
MACD has made a bullish cross over.
RSI and STOCH are looking to come out oversold status.
Nice Bullish Harmonic Pattern has emerged.

News:

http://finance.yahoo.com/news/bon-ton-stores-inc-announces-193700917.html
Holidays coming near could help this stock rally in the short term. Like others in it space Jc Penny, Sears.
took long 11.65
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