JenRz

Intuition stock short ROST tgt $95

Short
JenRz Updated   
BATS:ROST   Ross Stores, Inc.
I never had time this weekend to meditate and fish through time and space for a ticker, so while lying in bed I had the thought I should try to get something. Pretty immediately I "heard", "Ross dress for less." I'm assuming it's the stock and not a recommendation to shop cuz I actually hate my local store and refuse to go.

It seems like when these pop in super fast they're super good, though TXN is a bit slow atm.
The number that floated in was 14, so when I saw they closed Friday at $112.xx I decided this was for realz. Obviously it's at $114 today. I had my intuitive symbol for down float into mind, and sensed we're to expect down.

I didn't spend more time on it other than to dowse just now. The target I get is $95 and that it will be reached. I don't give a target any longer unless I get this verification as it's becoming pretty reliable. The "big idea" is a breakdown, so that validates my intuition. Whether I'm correct will be another matter!

Like other tickers/indexes I've inquired on today, there's an indication of going up into Thursday. NFP Friday could shake things up, but at this point, I'd be good shorting this late this week.
I'll update if there's anything sketchy when I check on it on Thursday. Not looking at much upside. Maybe to $118-19
Comment:
This one is testing prior highs. Not too worried about it as the big idea remains a breakdown, but this time I got the number 86 as a target. Sometimes there's a bounce from these numbers and it goes lower to second targets, like I'm getting on indexes atm, which should go lower and help ROST go down.
I did get the date of the 15th today, and it turns out earnings are the 16th, so I'm hoping it dumps on earnings. There's always the chance it pops and that's the short entry, but I asked when to short and it gave the 15th before earnings. We'll see.
Comment:
Checked on this one as the daily is looking "toppy" and my pendulum quite enthusiastically goes straight to the "new 52 week low" option. Bring it!
Comment:
I'm learning some of this guidance seems to be for velocity of moves or something. So it didn't make a new 52 week low, obviously, and trended up, but the energy of that big down day was influencing. And probably my own bias. Not good at all though.
I ask for the big picture now and get "daily chart breakdown" and some kind of news sends it up and should trend up then. The number I get is $155, but should get over 150 if not to exactly 155.

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