KSS
Kohl's is beat down (again) after the latest disappointing ER and continued retailpacolypse. But every sell-off has its relief rally pop, and if history is any indicator then Kohl's is ready to have its run. Last major gap down and continued sell-off resulted in very similar indicator setups, and very similar timelines on the relief. Within the next 4 days the last time this happened, Kohl's had rallied up over 10% at its peak. Can grab some June 28 C49 for .50 apiece right now for the short term play. And if I'm wrong, well, I've paid 50 bucks for alot less in my day...GLTA!
Order cancelled:
Did not materialize in time. Happy hunting!!