Nordstrom, Inc JWN

Ronin_trader Updated 

Whats The Plan/Trade/Thought JWN (Nordstrom) is a luxury departmental store chain. With the concerns of the recession and the cooling signs of the job market, layoffs in tech and the overall retail leadership cautiousness during the earnings. I think this is the right direction especially since it is following the larger market direction US retail sales...

Ronin_trader

Whats The Plan/Trade/Thought JWN seems like a good candidate to sell calls especially since they had a huge 16% gap down after their earnings on the 16 Aug My hypothesis is that there will be a continued bearish price movement below S&R 19.26. Encouraged by the broader market movement and retail’s tightening Despite the Fed’s action, the latest reports...

LordWrymouth Pro Updated 

I hear that the economy is pretty bad right now. So bad that we're in a recession, although the Government doesn't like the word "recession." The real word to describe the situation humanity is facing that nobody is saying yet, however, is "Depression." Here in North America, we aren't quite there yet, but no amount of money printing and astroturfing is capable...

MrHalfPercent

Based on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF JWN breaches Friday's low of $19.24 during Monday's session.

largepetrol Pro

more downside for this jawn, wonderful ticker choice, not so hot on the business model. looks likie some more value is about to be eaten by the market, ggs

TradeandGrow

JWN is in a strong down trend, the economy and a lot of other factors are still drain it. Technically the bottom is around $16, high accepted price in the volume profil.

legacyFXofficial Pro

NORDSTROM reported better than estimated Q2 results. EPS came in at $0.81, better than the consensus estimate of $0.80. Revenue grew 12% year-over-year to $3.99 billion, compared to the consensus estimate of $3.96 billion Despite the good report the American luxury department store chain is facing demand and customer traffic decelerating The next price target is...

Airecap_Super

Desicion to Buy. Entry Price = $26.20. Target Price=$27.05. Stop Price=$25.35.

renkotradingcompany Premium

JWN has been consolidating for about 14 months. It's getting close to the bottom of the triangle. Only time will tell to see if it holds $20 or if it falls thru and continues downward.

PlanTradePlanMM Pro Updated 

Downtrend Channel touch, Bounce back to supply Zone, 1st Trendline break+ retest, 2nd Trendline break, GAP down and run, Earning: 8/22/2022 Est. 0.82 Short 24.5 Stop 28 Target 20, 12 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1%...

Bixley

A large broadening wedge has formed showing three distinct tops initially This recurring pattern can be seen in red with the last top yet to form With this top to form a large bullish move is required Similar bottoms can be observed also along the bottom dotted line re-emphasizing the pattern 200MA for further emphasis

03:35

WiseowlInvestmetsLLC

Bear market is here and we are seeing swings up & down today. Nordstrom reporting earnings willthey go up or tank?

Ronin_trader Updated 

Whats The Plan/Trade/Thought I had filled my Macy’s trade first but as I was looking at the charts I realised that it was possible for me to create some sort of a hedge with JWN and M (one being Puts, the other Calls). JWN similar to Macy’s has strong S&R lines at 30, 26 and 24.19 As I believe we are in the ranging situation. I expect the price to drop or go...

Bullishcharts Premium

Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; TrunkClub.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores;...

lilsadguyinc

i honestly just marked it up and havent been keeping up with the news. Don't trade if you don't know what you're doing lol. This is just how i see it

Ronin_trader Updated 

Whats The Plan/Trade/Thought I identified this trade by looking at Finviz Groups and shortlisted the mid volatility Industry players (1 Month bull, 2 - 1 Week bearish). This was because I wanted to be trading in industries with less volatile price movements. Previously for the past 4 months I have been trading in industries at the forefront of any movement....

lilsadguyinc

Just something to follow up on. Bullish at the moment but this is just a thought.

Sunstorminvest

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