BIG LOTS INC

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Big Lots looks like it could be a great swing play as it busts out of falling wedge. MACD is set up for cross and Stoch still shows oversold. Could follow this up to the upper side of the channel.

There is a correction on the way. William's % and the more the Vortex Indicator are perhaps promising more.

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A simple idea, a new down trend has been established. After Reversal-Bar offers a short @ 41.50

Nice bullish continuation pattern forming

BIG bearish. Watch for some support around 42.00 but I think it has a great chance of making it to 38.28

At the end of the day to open a position in its direction . Stop to put a little above the daily maximum for short positions. For long -on the contrary .Here we have an excellent statistics: ten correct signals in a row.

Big Lots started to fill this gap zone in February this year but has not been able to break out of it yet. The MACD has been a good indicator so far and the blue line just recently crossed under the red line. A close under 36.25 will confirm this new downtrend and expect a retraction between 33 and 34. HAPPY TRADING!

SYM TRI and potential double bottom confirmed at 37.29 for tgt of 43.63