I don't know how many times during 2021 - 22 I heard AMZN will "save the market". I wish I had a penny for each time someone said that. As we all know AMZN didn't save the market. I heard it again yesterday and rolled my eyes. Anyway. We have an erection (that we know is followed by a correction) right into a double top. (we also know a double top can either...
This could be close to its "a bottom". If we have year-end rally, this could hit 140s and then die again. SL 95.
reminds me of waltermart and should be transitioning towards its 2030 vision a supermart minimart organically growing in the outskirts of the capital 7/11 had the same plan in 2005 that made it the local convenience shop across the country with an impressive merhandising strategy bringing Kpop Jpop culture
Very important day for Target, as it breaks a key 50-year trendline after it has already lost -50% from ATH. Now crossing a line in of itself is not a big deal. However, how it breaks and what structure it forms after the break matters a lot. This is the 3rd time since 2017 it has tested the trend line. The last time it broke in 2008 it lost 50% of its value....
It could be rough next couple of weeks. Market can rally from middle of October until early January. This can continue to crash next year as showed with my arrows. This is just a prediction and not an advice.
It may be close to the bottom. Anywhere between 100 to 130 is a buying range. It could jump to 200 then.
if it takes out that neckline. "Macy's founded in 1858. It is the largest department store company by retail sales in the United States as of 2015. Macy's operates with over 700 stores in the United States. Its flagship store is located at Herald Square in the New York City borough of Manhattan. The company had 130,000 employees and earned annual revenue of...
JWN has a trailing twelve month Price to Earnings (PE) ratio of 73.69 which places it above the histroical average of roughly 15. Another expensive retail name #JWN has alot of stores in #California Obviously not a great place to be a retailer, given the rampant crime spree going on in that state! well The chart action clearly foretells further woes ahead ..
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?
Costco has formed a Bearish Butterfly that lines up with the 0.786 retrace and is testing the zone for the second time with PPO Bearish Confirmation Arrows on both tests, PPO Bearish Divergence, and MACD Hidden Bearish Divergence. This looks like it could be setting up to revisit the lower half of the range.
Kroger has formed an Ascending Broadening Wedge and blasted pass the 1.618 PCZ leading to an ultimate test of the 1.902 HOP level, now KR is trading below the PCZ and has tested it as resistance multiple times this year and has broken below the Demand Line of an Ascending Broadening Wedge. From here out I think the target will be a minimum of $22.32 which would be...
Walmart has formed a Rising Wedge into the PCZ of a Bearish Alternate Bat, and as it's made its way to the PCZ, the PPO has given us both a Bearish Confrimation Circle and 3 Falling Peaks. If this plays out, I think WMT could easily see $130, but there is room for it to go down to as low as $90.
Hi, A leading American discount retailer, Dollar General operates over 19,000 stores in 47 states, selling branded and private-label products across a wide variety of categories. In fiscal 2022, 80% of net sales came from consumables (including paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items), 11% from seasonal...
Cup and Handle has formed on Famous Brands since the breakout of the downside. We see the liquidity is thin as the volatility(jumpy) motion is high... This is why I would make a large gap between E and Sl... Other signs confirm upside including: Price>200 RSI>50 Target R77.62 however. I do want to see more of a definitive break above the Brim level before all...
I already am eating from the trash can all the time. The name of this trash can is ideology. The material force of ideology makes me not see what I am effectively eating. This one is not going to be good for your mental health. AMC just purchased a Gold Mining Company? truth really is stranger than fiction
The Monthly Consolidation on XRT is almost done and I suspect the next move down will be quite large. EMTY is an etf which is a 1x leverage against XRT. My view is EMTY can double from here. Good luck!
Walmart is another stock that, for some reason, people want to be bullish on. It's probably because Marxist social marketing platform Reddit's public relations firm nestegg r/WallStreetBets said so, or some GPT instance on StockTwits said so. Yet it's another old company with an old business model that is anything but good. I haven't been to a Walmart in the...
reminds me of Century Tuna's green dev Propety ALCO land that made 8x (+800%) in just few months when it decided to position itself clearly. Hiring seasoned officers from ALi Change of Name is just a warm up... underneath is Vision Strategy etc for the next generation was once the Leader in Property retail business the ever supermart looks like Alibaba Ebay...