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TraderDaddyOG
Feb 28, 2024 1:19 PM

KSS - Update to my breakout video - We are already seeing it! Long

Kohl's CorporationNYSE

Description

Update here to my previous KSS video titled "KSS - Primed for a breakout!" Go and watch that if you haven't to understand why i've been preparing for this.

This is all happening prior to earnings release in a few weeks and with a ton of buying volume coming in, I am very happy to see it!

My projection is a retest of our daily tapered purple channel (which has been resistance for a long time now) and, utilizing all the liquidity that's been built up, breaking out with strong earnings.

Obviously fundamentals and bad earnings can cause any TA to be void - but TA wise, this is one of my most confident positions.

Look forward to seeing you all on my livestream at market open today!

Happy Trading :)
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