Mauriello

Nordstrom Technical Analysis JWN

Long
NYSE:JWN   Nordstrom, Inc.
Based on Technical Analysis and against the fundamental, it seems that the price might go up to level 22.00 USD

We can not be so confident as the bed news is that Nordstrom will be permanently closing 16 of its department stores, and this might impact on the Stock on Monday. It is better to be prudent and hold for now.
Buying now might be an Idea for a long term investment.

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