Hey guys, I really like the fundamentals of this company. Obviously earnings are going to be nasty for the rest of the year, but this is a longer term trade for me. I also like the dividends once they start paying out again.
Have a look at the chart and decide does the uptrend or downtrend continue. All the chatter about not splitting up with Old Navy Brand has produced some action in the after-hours trading.
Great entry point at current price before earnings report tomorrow AMC. Incredible technicals throughout for this stock, could quickly see 19-19.50 with highs of 21 post-earnings day. GPS is bullish as long as it doesn't go below 16.07 and closes today and tomorrow above 16.26.
After a recent reversal and a history of higher low support GPS is poised to have a 10% run up into earnings. RSI and Stochastic give additional support. With a very solid P/E of 6.67, it's one of the lowest in the retail clothes sector. With minimal Debt/Equity of 0.34 and a Current Ratio of 1.50 We can even choose to hold through earnings for additional...
On the 4-hour chart of NYSE:GPS , price action has interfered with the 200 Exponential Moving Average a numerous amount of times. And, almost every time it has, a reversal and price swing has occurred. This latest one happened after a price surge caused by a normal stochastic oscillator divergence, sending price action straight through linear resistance. Old...
=====POST EARNINGS TARGET $19.50====== BREAKOUT PRICE LEVEL $17.60 OPTION TRADERS BETTING BIG ON UPSIDE SURPRISE COMPANY PROFILE Gap, Inc. operates as a global apparel retail company. It offers apparel, accessories, and personal care products for men, women and children. The company operates through segments: Gap Global, Old Navy Global, Banana Republic Global,...
GPS reached on strong weekly support level. possibly will go long. wait for 123 pattern for entry. I also watching this one .
Sell | Target 14 | StopL 19.6 | Having broken below the Jun-Aug bear flag/range pattern, any pullback to it's underside is likely to attract further selling. Like and follow us to stay ahead of the pack!
GPS is at 3y low and just an 80c near 8y low, with an average price target at $20.50 price range. Don't forget for their dividend which is 5.56%!!!
1/08/2019 GPS LONG 19.72 19.07 0.65
Based on quarterly financial statements of company for the last 2 years period we have an Idea that it may presumably rise up to 19% in the next 3 month.
Not only is this a good stock pun. BUT retail has been hammered the last few weeks and just maybe GPS can surprise to the upside. After all it has sold off about 20% already this month. With the protective puts through next Friday my risk is capped at $1.44 per share. If there is a strong gap I will be selling the rip.
******GIVEN THE CARNAGE AMONG HIGH END RETAILERS THIS EARNINGS SEASON, NYSE:GPS LOOKS IN BIG TROUBLE IF EARNINGS ARE NOT GOOD, DEFINITELY NOT WORTH THE RISK TRYING TO CATCH THAT KNIFE, SITTING ON THE CUSP OF PAIN.