It’s no secret that social distancing is bad for retailers. But one name in the space has held up better than most and may now be at risk of a move lower: TJX . TJX, the parent of Marshall’s and TJX Maxx, had a strong bounce between mid-March and April 9. But since then it’s run into a wall of selling at $50. That’s the same level where it bottomed last May and...
Pinduoduo rallied great and now is pulling back. Just below the 20SMA and rsi trendline. may back test but needs some time to rest.
There are ways to make a lot of money with controlled risk with wti futures (very limited if done right but don't try if you aren't very knowledgeable in this area), but who is paying for all of this free money? Altruistic retail investors of course! A few weeks ago there was a massive influx of retail money into Oil long ETFs. USO holds I heard about 1 third (!)...
After broke out, Vipshop Holdings just sat on the support. The pull back may continue on this week.
#BESTBUY made higher high, pulling back now after fake brokeout. It holds above #RSI 50 and may bounce back after meets with 10SMA.
It just hit the resistance. The volume is above the average. Today will break out?
Long track record of increasing revenue but not positioned for the economy we are heading into. Here are some reasons why: 1) No online presence. Discontinued online store last year. Speculating here but I imagine it would be hard to manage the inventory of an online store based on the wide variety of items they have which are constantly changing. 1a) Lost...
#Amazon did perfect rally since March. on weekly it broke out the top. There is a RSI resistance waiting so after it hit there we may see a small pull back to 10 SMA. Worth to watch..
#EBAY broke out both 50and 100SMA after long rally. It recovered fast, expect to go on after some pull back
#BAOZUN just broke the downtrend. hit the trend of RSI. needs to get over $29.34
Stock Symbol: WMT Out of all the blue chips, walmart looks the strongest. Good old Wally world holding up like a champion. Diversify and use 5% stoploss ---------------------------------------------------- We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Use...
Evening Traders, Today’s technical analysis will be on GUESS, breaking major structural support and confirming a bearish retest, Points to consider, - Bear Trend (consecutive lower highs) - Structural support breached - Confirmed S/R Flip - RSI oversold - Stochastics in lower regions - Volume climax evident GUESS has been in an established bear trend with...
Target reported decent earnings this week, but not a lot of buyers showed up. Now traders may want to watch for a potential breakdown with the big-box retailer near a key price zone. TGT gapped from $86 to $100 last August on signs that its big digital push had paid off. It followed that with another strong quarterly report on November 20. Since then, however,...
I feel that the recession is obviously here. And if that were to be the case the tweezer top on the monthly for Ross really makes it bad for this stock. MACD crossing down on the monthly.
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Remember when I said a few months 80% retail traders were short DJI & SPX? Well they kept hodling to their losers, and probably adding to them. Well... this week shorts have dropped by 30 to 40% and now there are more longs. They held onto losers forever, and then exited the very WEEK the price went down! Breakeven bagholders. The typical really dumb bad...