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SpecialeAnalysis
Nov 27, 2023 8:28 PM

FIVE trading above key resistance 

Five Below, Inc.NASDAQ

Description

Five Below Inc. (FIVE) presently trading above key resistance.

A weekly settlement above this area would result in a buy signal where gains of 20% would be expected over the following 5 - 6 months.

Inversely, failing to close above this resistance level on a weekly basis would allow (FIVE) to fall back to near-term support, signaling losses of 15% over the following 2 - 3 months.
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