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dzygadlo
Aug 27, 2021 3:11 PM

J Jill - Close to breaking out of its pennant?? Long

J. Jill, Inc.NYSE

Description

The volume with this stock has been absolutely anemic over the past month - trading in the 10's of thousands of shares (literally 16-20k for a day). Earnings are coming up and I suspect their numbers will be good, which could be the catalyst for driving demand. If that happens, then I expect this to make an aggressive exit out of the pennant to new highs. I think the upside is 8/share, bringing it into the 30/share range.
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