In a retail landscape fraught with challenges, Gap Inc., ( NYSE:GPS ) emerges as a beacon of hope, signaling a turnaround in progress. The apparel giant's fourth-quarter earnings report has sent ripples of optimism through the market, with shares soaring on the back of stellar performance and promising outlook. Under the stewardship of Chief Executive Richard...
NYSE:GPS Potential return to 6-12$ range based on Monthly chart Recent spike on Monthly chart indicates a potential strong upcoming reversal. Potential return to the trading range of 6$ to 12$. Long term Debt is too high, and Executives and top stakeholders are selling millions of shares at recently spiked prices. Plus insiders with Discounted Stock Purchase...
The Gap’s new president, Richard Dickson, 52, has many challenges to overcome. His first meeting with analysts and investors after reporting 3rd quarter 2023 results shows that he has a clear understanding of the Gap’s problems and opportunities. In the three months that he has been on the job, he has closed many unprofitable Gap stores, invigorated Old Navy, and...
Your analysis of NYSE:GPS (Gap Inc.) highlights a nuanced approach to trading based on technical patterns and clearly defined risk management strategies. Let's break down the key elements of your strategy: 1. **Bottoming Pattern with Bullish to Bearish Reversal**: Initially, Gap Inc. exhibited a bottoming pattern, which usually indicates the potential end of a...
The Gap (NYSE:GPS) jumped 14.9% in the morning session after the company reported third quarter results that blew past analysts' revenue and EPS expectations, although its revenue declined in absolute terms. These beats were driven by better-than-expected same-store sales performance (analysts forecasted a 7% decline, and Gap posted a 2% decline). In the earnings...
Gap Inc (NYSE:GPS), a prominent player in the Retail - Cyclical industry, has seen a significant surge in its stock price over the past three months. The company's market cap currently stands at $4.87 billion, with a stock price of $13.17. Over the past week, the stock has gained 7.61%, and over the past three months, it has seen a remarkable 44.08% gain....
Let's look at some household retail names starting off with The GAP #GPS It's ATH was over Twenty years ago Is this Head and Shoulders signalling a Bankruptcy event during the next recession?
Analyzing the options chain and the chart patterns of GPS The Gap prior to the earnings report this week, I would consider purchasing the 9usd strike price Puts with an expiration date of 2023-12-15, for a premium of approximately $0.73. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to...
GAp, Inc had a little pop after mediocre earnings to break its downtrend. IT put in an engulfing bull candle to strike three smaller red candles. This could be considered a bullish sign. However, the trend down has been much of the year with two head and shoulders along the way. There has been no significant net accumulation of stock. I suppose there was a...
As shown, the wave 2 has pushed through the 61.8 and is now headed to the 78.6. Would expect the correction continues and will need to track closely.
Gap Short Term - We look to Buy at 8.08 (stop at 5.20) This stock has recently been in the news headlines. They reported an earnings surprise miss. We are trading at oversold extremes. A move lower faces tough support and we remain cautious on downside potential. Dip buying offers good risk/reward. Our profit targets will be 15.00 and 17.50 Resistance:...
On the chart there are distinct observable bear and bull phases (which I have labelled) The currently displayed two bull and bear phases are roughly the same lengths in time Currently, we are moving into another bull phase for GPS, as it climbs out of the 1.618 fib
The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Janie and Jack brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and...
The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Janie and Jack brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and...
keep it easy one day said one of my mentors, seems a clear entry, seems easy, low risk, likely happen.
GPS has been forming this huge Inverted H&S as you can on this quarterly chart since 2015. Price has also retraced since its last bull run towards the 61.8 fib level and is currently trying to reject on lower time frames. Looking to go long with a weekly confirmation candle. This is a long term analysis.
Down trendline has been broken and back tested. Pre earnings run up is in play.
GAP INC is making wave 2 or b, then goal of wave 3 or c is $110 buy @ level $21 to $23 for big move let see what happen !