retailtrade

TradingShot

Home Depot (HD) gave us last time (October 09 2023, see chart below) an excellent buy opportunity that quickly hit our 326.50 Target: The Bullish momentum was so strong that it broke above the Triangle pattern and gave way to the emergence of a Channel Up. The recent 30 day correction since the March 21 High, can be technically seen as the new Bearish Leg of...

lord_catnip

TJX Companies, Inc. (The) ( NYSE:TJX ) Sector: Retail Trade (Apparel/Footwear Retail) Market Capitalization: $70.954B Current Price: $60.56 Breakout price: $63.00 Buy Zone (Top/Bottom Range): $59.80-$55.50 Price Target: $64.50-$65.40 (1st), $84.40-$85.20 (2nd) Estimated Duration to Target: 39-42d (1st), 194-209d (2nd) Contract of Interest: $TJX 8/19/22 62.5c,...

lord_catnip

Dollar Tree, Inc.( NASDAQ:DLTR ) Sector: Retail Trade (Discount Stores) Market Capitalization: $37.582B Current Price: $167.36 Breakout price: $174.25 Buy Zone (Top/Bottom Range): $160.30-$130.35 Price Target: $207.00-$209.80 Estimated Duration to Target: 359-370d Contract of Interest: $DLTR 1/20/23 175c Trade price as of publish date: $16.40/contract

lord_catnip

Auto Nation ( NYSE:AN ) Sector: Retail Trade (Specialty Stores) Market Capitalization: $6.427B Current Price: $114.84 Breakout price: $118.10 Buy Zone (Top/Bottom Range): $109.60-$96.90 Price Target: $142.80-$144.00 Estimated Duration to Target: 399-407d Contract of Interest: $AN 1/20/23 110cc Trade price as of publish date: $20.10/contract

lord_catnip

OReilly Automotive ( NASDAQ:ORLY ) Sector: Retail Trade (Specialty Stores) Market Capitalization: $39.973B Current Price: $615.79 Breakout price: $621.50 Buy Zone (Top/Bottom Range): $609.20-$564.80 Price Target: $782.00-$788.00 Estimated Duration to Target: 406-418d Contract of Interest: $ORLY 11/18/22 630c Trade price as of publish date: $49.95/contract

lord_catnip

Home Depot, Inc. (The) ( NASDAQ:MSFT ) Sector: Retail Trade (Home Improvement Chains) Market Capitalization: $325.831B Current Price: $315.31 Breakout price: $319.40 Buy Zone (Top/Bottom Range): $313.75-$299.15 Price Target: $337.20-$340.60 (1st), $367.50-$372.80 (2nd) Estimated Duration to Target: 42-44d (1st), 99-106d (2nd) Contract of Interest: $HD 6/17/22...

PreferredStonk

If any of you are up for a gamble, this is a good play for a short position / long puts. AZO has had a monster rally and is starting to wind back to some pre-pandemic support levels I believe. Now this is a good company, but the stock will get caught up in a mess of short-term declines in the Retail Trade sector and this one has far to fall and a well-defined area...