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I feel like this is the big short or something. Cattle getting crush to a pulp. Big money just playing with the chump traders. Absolute low on major trendline is 96 but we are on a big fib.
LEis forming a bump & run formation, followed by big insider buying in July. also looks like a potential fallen angel pattern.
We think it will start moving higher from here. For entry we would prefer if it declines a bit to 15.10 or closer. Our first target is 16.93, just below 23.6% fib level.
You can check our detailed analysis on LE in the trading room/ ...
LANDS' END, INC.
Bull run looks over. Likely bounce on trend line and s/r confluence btwn 166.70 - 165.33. Then target 159.93