$CRI posted slightly better than expected earnings with PEAD projecting a bullish outlook for the stock, currently price is trading around the lower boundary of the PEAD cone with room for a bullish move upwards.
$CRI Oversold at Support Target - ~$115 gap-fill by next ER late July SL - $91.50 Last I checked people are still having babies and they still need clothes. Note: Informational, not investment advice.
$CRI Ascending triangle breakout as well as break through 50d ema today. See chart for possible near and medium term targets. Note earnings approaching later this month. Note: Informational analysis, not investment advice.
Its getting near a good support zone; however, its done a major fake out before, so this one is kind of a dangerous play; if you see the chart, it looked like it bounced off support and then tanked; but then again that could have been consolidation to create a bear flag; no bear flag this time; Wait for the the bounce to make sure that this is actually ready...
CRI broken down from an upward channel & seems it has good down side potential. We are looking for a short here. * Trade Criteria * Date First Found- May 16, 2017 (Intraday) Pattern/Why- Upward channel breakdown, capturing the crash Entry Target Criteria- Break of $86.97 (Hit May 16, 2017) Exit Target Criteria- 1st Target $83.97, 2nd Target $78.77 Stop Loss...
Volume on break wasn't decisive. Went back into trading range. Watch.
A possible longterm longsignal is possible. Should u now fix the actual Level or wait for the breakout? If you are a cyclical Investor, you wait until the breakout appears: stoppbuy >110$ --> SL ~98$ (last low) TP 130$ If you want to trade against the trend, open a shortposition at the actual Level, SL a bit above the last significant high at ~ 11$5 TP 98$
After beatings earnings estimates on 2/25, price action has formed a clear bull flag. Volume is also constant with a bull flag. Wait for a jump up with high volume to confirm trade. Price should move up to at least the previous resistance at all time high around 109-110.
The price of Carter's stock recently soared after reporting strong earnings on 2/25/16. Watch the 100 level. If that previous resistance turns into support, price will likely rise again and retest the 106-110 area. However, if support does not materialize at 100 look for a retest of 88-84.