ROSS STORES INC

ROST looks interesting short setup. It has broken down its recent support & all MA lines. We think it has more downside potential. For perfect entry we are looking for a pullback to $64 or break of Long term support around $62 * Trade Criteria * Date first found- April 5, 2017 Pattern/Why- Support breakdown short Entry Target Criteria- Break of $62 or ...

I like this stock because there is a huge support line. Again, the stock had a nice resistance line then it broke out. After that breakout , the stock came back at support and bounced. It did that three times and bounced all the time then today the stock did the same thing so im expecting a nice reversal. The stock did a nice candle and finished the day very ...

Long >65.15 Stop - 64.79 Target - 66.23

In general slightly short In particular - our predictions suggest short $ROST and $LVNTA

Old Support become New Resistance, Stochastic shows bearishness, Likely to down to 50.00 and probably down to 44.00

Enough said

heavy put activity large bearish candle mac and stoc turned lower relativa strength week get our book on amazon to find short idea indicators its good to balance your portafolio

ROST is above a 1.618 fib ext and R2 on daily / weekly. Lots of gaps below starting at $47.32 -> $41.77. Smart money was unloading this last week and clearly being distributed. Hypothetically, if the market showed weakness, would this stock be a fire sale after a 720% run up? Yes it would. Regardless of market conditions, not much left in the tank here.

Way above VPOC on weekly and monthly. Upthrust after distribution and tagged the 61.8 fib trend ext.. = TOAST

You really want to be long here? LOL. Big boys were dumping.

ROST

I would prefer LONG positions, as ROST is still in this upper Pitchfork parallel zone.....however, the most recent advance did not close above the spike move on August 17th. This why I wait and remain neutral.

Rost has earnings coming out in 9 days, look for it to breakout prior and run into earnings....this would offer a nice upside potential to 60s, but it could take longer to breakout. Stop would go below breakout once it breaks with a 7-8% stop and need volume to support the move

A breakout should occur with ROST as it has build a weekly cup, no handle at this point. Earnings are coming out soon so this may accelerate it but would not want to be in during earnings...in/out prior or wait till earnings are announced

Key points; 1) ROST should no longer be considered uptrending after breaking its primary trend support. 2) A new downtrending channel has emerged after the break of its primary uptrending support line. 3) Price has already rejected the upper bollinger band and has continued to validate the downtrending resistance line of the downtrending channel 4) MACD has begun ...

I see the beginning of the third wave.

ROST could offer a good near-term buy on Fridays' gap up on higher volume. The bar was very bullish - adding to the momentum to the upside - and easily cleared the 2013 pivot high. For longer-term traders, however, the large gap up could easily be filled - so we would want to see some sort of pullback or retest of the 2013 high before considering this a buy ...

Double top. Gap is filled.