Chicos has been in consolidation for over 13 years. Explosive move coming. Do yourself a favor and buy some long term calls on this. This is could make some serious money if you play it correctly. I just bought 200 contracts at the money call $5 strike. Expiration Jan 19 2024.
After formming a pennat pattern above its moving averages, today made the breakout with good volume. The detail is that it didn't close at the high but still, I think its a confirmed breakout. Because the stock its very volatile, I got in with half my position. I'll wait until the price breaks above the $7.26 resistance to buy the rest.
At first my price target...
MACD is crossing over and the most recent candle tested 3 fibonacci levels to close above the .61 level. It also broke above the descending trend line on the daily chart.
targeting 7.23 then 8.34
The CHS stock chart is at a level where we saw some high traffic a while back. This has previously been a level of support, now apparent resistance. But can the reopening momentum act as an afterburner for the penny stock?
Chico’s FAS is another apparel retailer owning popular niche brands like Chico’s, White House Black Market, and Soma Intimates. It, too, has...
Retail's tough but at least CHS turned things around in the short term. I'd like to see that continue but it's a hard road with brick and mortar retail right now. Anyone know of a more in-depth outline of a digital strategy for Chico's et al?
"This week, Chico’s reported its Q4 outlook. In the report, the company revealed several milestones. First, it raised...
Chico's FAS, Inc. engages in the retail of women's private branded, sophisticated, casual-to-dressy apparel, intimates, and complementary accessories. The firm's product portfolio consists of the following brands: Chico's, Soma, and White House Black Market. It also operates boutiques, retail stores, and websites to sell the products. The company was founded by Helene B. Gralnick and Marvin L. Gralnick in 1983 and is headquartered in Fort Myers, FL.
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