A buy signal is generated. I analyzed 38 stocks in the Apparel/Footwear Retail Industry over the last three months and discovered that 33 of them (85.71%) charted an Uptrend while 5 of them (14.29%) trended down. I found 288 similar cases when PLCE's price jumped over 15% within three months. In 151 out of those 288 cases, PLCE's price went up during the following...
$PLCE has had a good pullback from an otherwise consistent downward trend beginning long before the recent market crash. After a gap up it's been consolidating over the past two weeks. The Elliot Wave oscillator has pulled back to between 90% and 140% and stochastics are in the overbought zone. If price can close the gap in the next few days, a sensible entry...
Hi, today we are going to talk about Children's Place and its current landscape. The American specialty retailer of children’s apparel and accessories Children's Place it's been crushed by a series of bad confluences, starting by the company report that showed a worse than expected EPS on the third quarterly, the company also issued a worse than expected EPS and...
Assuming nothing is out of the ordinary with the earnings, trend expected to continue. Plan on covering a long position with a few puts the night before earnings.
While on an ultimate down trend it would seem, PLCE has such beautiful waves... A reversal is in play, though I believe its highs will continue to stay lower, drawing out lower lows as it returns to "normative range" - I.E. Lower Comforts. A good range for topping out with profit would be anywhere from $78 - $81. So far this year, looking back at similar plays and...
Long $PLCE following the high short interest, low float, buyback scenario here. moxreports.com
Sentiment in Childrens Place has improved considerably during the quarter, most recenekty Analysts have increased price targets and ratings Susan Anderson from B.Riley FBR reiterated a Buy rating on Children’s Place, with a price target of $122. The company’s shares closed yesterday at $108.47. “The Children’s Place (PLCE) will report 1Q19 earnings before the...
What strategy would you use to trade this stock if you were to go long?
Set this trade up and let it play out. I like the breakdown of this daily candle trapping any buyers and then support on the monthly chart.
If this gaps down below my entry line this is a great gap and go trade, (it has to gap below my entry). I will get in right at the open if it gaps down. This should trade to the 200MA exit 2, but exit 1 is also a safe trade.
Technicals: Stock jumped 12% following its last quarterly report, but gave up all those gains during the session and continued the descent over the next few weeks. Stock dipped below the 200 DMA, bounced off support at $95, and is now back above the 200 DMA. The overall up trend is still intact. Fundamentals: Stock fell about 9% last week on a press release that...
For the past month, price has been pushed down slowly staying near support for most of the time. Also, the 20ma has been acting as a dynamic resistance, and price has seen more resistance from a descending trend line. Price has just broken and close below support (Double Blue Line) Price has also closed below the 50ma, which has acted as dynamic...