For the last three days, Tickeron A.I.dvisor has detected that GCO's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for GCO, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. Tickeron...
The upper panel has two volume indicator and both are up today. The Bottom Panel line will cross 20 at price of 62. So watch for it to cross 62 and take a ride to 64.
Genesco apart from being under fire from high tech competitors like amazon, is in the wrong part of the market, consumer staples. This baby looks WEAK! I am very bearish. #RIPerinoCappichino.