KSS looks like it's gonna head and shoulder it's way to a gap fill.
I played with some puts today, closed them out but realized there's probably a lot more downside to this stock.
Slow moving stock that's a bit boring to watch, but if you have the patience or maybe if you're watching other trades, something that might be worth betting on.
No guarantees though.
I played with some puts today, closed them out but realized there's probably a lot more downside to this stock.
Slow moving stock that's a bit boring to watch, but if you have the patience or maybe if you're watching other trades, something that might be worth betting on.
No guarantees though.
Note
Retail in general seems to have dropped today, not sure why some of them were so high to begin with. XRT basically did a double top at post COVID pump levels.Note
A lot of stocks appear to be repeating last October. If that's the case, then KSS might have a double shoulder on the right like it has on the left. Just as a warning....Trade active
I rolled into Oct 24 puts yesterday, slow playing this one. If it double shoulders, then I'll just have to buy more.I hope it doesn't. Not surprising it bounced off the neckline though. If you want a safer bet, buy puts when it drops below $15 neckline. Keep an eye on it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.