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CalebDismuke
Oct 26, 2016 2:14 AM

DSW is in buy zone. Long

Description

Technically Speaking
Trading in the support zone. A break here could open the door for the 15 or even 10 level. IF things go right, the upside is pretty obvious, a 2x at least if get's near the high prints in 2014.

Fundamentals.
Here is a summary of the company.
Zacks has a nice write up.

What to do?

From these levels, the R/R favors the long side, in my opinion. I would look to stop out somewhere under 15-17.50.
If these levels do hold, I am a believer in holding onto winning trades as long as possible, there could be some serious upside in the years ahead if they execute.

H/T to SparkFin
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