TradingView
tradingcclk
May 18, 2020 4:39 PM

KSS momentum swing 

Kohl's CorporationNYSE

Description

I bought in recently. I am aiming to sell in a short time frame - targetting this range of ~$18.74 to ~$19.06 to sell. There is a large gap at about ~$19.93 provided levels / accumulation sticks around at current levels.
Comments
BruceMacho
sorry new to trading so you are saying that its going down?
tradingcclk
@BruceMacho, Hey, to clarify my position - I am intending for a relatively short term trade if it comes to me. I bought in around 18.70 at the time of posting this. My max holding pattern for this trade is about a week at most.

I am referencing prior day point of center levels to sell between $18.74 to $19.06. If we get stuck in an accumulation pattern (same price level but higher volumes for a few days), I think ~$19.93 *could* trade as there is a large gap between $19.06 to $19.93.

I have the lowest red lines as other references for stop losses to keep in mind. Can't win every trade, so I make use of reference points to tell me when it's time to pull out and eat some short term losses if the trade doesn't materialize.
BruceMacho
@tradingcclk, ok thanks for elaborating on your position much appreciated.
tradingcclk
@BruceMacho, Yep for sure, good luck trading. I did a similar chart here for ALLY financial if you want to check that out as well: tradingview.com/chart/U9Ce4yV6/
More