ROST adalah kod bagi syarikat Ross Stores Inc yang diperbuat dari segi sektor pengguna. Mengikut pemerhatian gelombang sahlun tentang saham ini adalah downtrend@bearish dengan penurunan sebanyak 19.62% dalam tempoh 3 bulan lepas. Dari segi Syariah, saham ini adalah Patuh Syariah
Correlation trading strategy idea analysis.
2 days ago I showed you the possibility to make a long trade of Ross Stores after publishing the earnings report.
But the earnings report was worse than I expected.
Yesterday $ROST fell lover. Also, there was a good correlation between this stock and $SPY.
In my previous ideas, I showed my vision of correlating...
I feel that the recession is obviously here. And if that were to be the case the tweezer top on the monthly for Ross really makes it bad for this stock. MACD crossing down on the monthly.
Earnings trading strategy signal.
The US off-price retail apparel and home fashion stores operator Ross Stores has been increasing sales (from $11.04 bln in 2015 to $14.98 in 2019) and EPS (earnings per share: from 2.24 to 4.3) for 4 years straight.
The last two of four published $ROST ratings from analyst companies were good, one was neutral.
So the price is...
$ROST shows a tremendously steady upward trend over the last 6 years.
Currently trading more to the upper end of the trend channel.
Also my dividend-radar shows that there is no "value" to be had here.
Currently for me only a hold and if it moves to the 120-126 area within the next 3 months I will shed some of my position.
In the opposite direction it will be more...
BREAKOUT ENTRY LEVEL $113
STOP LOSS $110
PRICE TARGET $123
Average analysts price target $110
Average analysts recommendation OVERWEIGHT
Short interest 1.3%
P/E ratio 24
Company profile
Ross Stores, Inc. engages in the operation of off-price retail apparel and home accessories stores. Its products include...
ROST price is showing signs of an overall uptrend pattern long term, consistently making higher highs and higher lows. Price also trades above the SMA200, indicating potential bullish movement.
Price seems to react best with EMA/SMA levels on the 4 hr chart. Price just broke above EMA10, and SMA100 today, also the last candle stick formed a Long Bullish Candle,...
