Nice green candles coming in near bottom, looking to retest resistance for a 3rd time.
Looks really good. Watching this and other retail outfitters to see which one blows first.
shown on the weekly. Could piggieback Urban some here
Red Flag refers to gap up, could this be a bull trap? im looking for it to correct around the .618 and .78, resistance at the 1 OTHER CONSIDERATIONS: IMPLIED VOLATILITY/EARNINGS SEASONAL -- Also, keep in mind some believe that clothing retailers stock price can be influenced by temperature/heat (see: Kohls, Sears, etc) -- with the end of summer around the...
Look for confirmation of a rebound from resistance @16.31 for entry.
Look for confirmation of a rebound from resistance @16.31 for entry.
LIKELY A HEDGE #ETIC
AEO had a great gap recently. I lost 1R on that trade early in the morning. Looking to get it back. If AEO pulls back, will try to limit sell on the pull back. Stop above the gap. Target, 12.36
16.10x15.80 , Target 17.67 Pullback out of symmetrical triangle, price reversing and shooting out the top( red top line) of the symmetrical triangle
Back over TL and over lateral support. $15 has been solid R/R
Closed at the high of the session on good trading volume after break through key $18 level