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kvsrinie

KSS doing the right technical moves; ST target 53.6

Long
Kohl's Corporation (NYSE:KSS)  
kvsrinie Updated   
NYSE:KSS   Kohl's Corporation
Trend Analysis Technical Indicators Wave Analysis
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trendanalysis indicator waveanalysis
The stock did a 1-2-3-4-5 impulse wave from the Mar'20 low & did a prompt A-B-C correction to the 38.2% retracement of the bigger wave. ST, the stock will fill the gap and hit the 53.6 levels. Longer term, it will correct slightly from there and test the ATH
(Remmeber, last time it filled the 55-60 gap precisely & corrected from there)
Comment:
Wow, this filled the gap perfectly and how! 56.5 and 60 are the next targets
Comment:
A gap up this time! Came back just below the 2nd target of 60. Will surely hit all time highs after some correction here
Trade closed: target reached
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