Hey my friends, KOHLS CORPORATION is in a bullish channel with strong sell volume executed at the end of the session and a water bearer doji. On the TIMEFRAME M1 we notice an aborted attempt by buyers with an abnormal purchase volume, it goes to its last previous low to turn around. It is about to test the balance zone again to validate it with the breakout of...
Within our group anyone that took the alert posted had a great, day as our target was hit the dine.
KSS now sits under the Fibonacci 0.382 level and pivot point resistance, a break above could see
a run back up the top of the channel and Fib 0.5 @ $35.00
The CEO spoke very positively yesterday.
Kohl's earnings is tomorrow at 7am. I'm expecting an earnings surprise of a lesser loss. But because this market can go anyway depending on the day of the week, lol, which means KSS can hit a range of $22-28 tomorrow in my estimation. I entered a bullish calendar spread strangle. For me, I executed at 10:40am, the Put $25 strike price 11/27 expiry with the Call...
BofA upgrades KSS might add as a catalyst into the ER, but 24 has been a 4-month long resistance, break out will be difficult.
alert set for $24 breakout, I would wait for price confirmation.
Kohl's been trading in a well defined range for the last 4 months with $18.75 area acting as support that has been tested 4 times. The stock failed to put a meaningful bounce along with a strong market today. The lack of buying interest close to these levels could indicate the stock is ready to breakdown and start heading lower again. Sell short a clear daily...
As you see that $KSS is on its support zone. I Got rejected few times and I think it is the right time to Buy it to swing trade. Because $KSS had bad earnings but it topped the revenue estimates. Also, in short term support It couldn't break the support.
Kohl’s will be one of the winners in its category. School shopping should boost sales. People are starting to ease up about social distancing. Kohl’s also has some agreements with Amazon and I could see them doing even more together in the future.
Crucial pivot point for the stock, currently under mid channel
and historical price resistance as earnings approach Tuesday.
7,12,20 MA's bullish formation.
MACD & Histogram bullish
Volume increasing
Price resistance drops considerable above $24 volume shelf.
Potential upside target $27.00
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It broke out of a descending triangle and looks to start a 3rd (or C) wave. RSI shows that it's not oversold yet so it has some more room which helps complete this wave. Nonetheless a run is imminent and ER should help. If you want to be conservative and not purchase calls, Put credit spreads at the 19$ level has a 20% ROI premium at current prices (hopefully they...
$KSS Kohls Breaking Down - Bearish Options Activity
After finding some support just below $19 in late June, we've seen a recent choppy mild uptrend. I'll be watching for a break of the lower channel support line in the next week. With a break we should see price action sub-$19 in the near term, leading up to ER early Aug.
Earnings can obviously go either way -...
Possible long entry on break above $21.50
Upside target to 100ma @ $24.00
50ma has been reclaimed and the stock has
suffered from serious selling pressure for 2 weeks
maybe the sellers are now exhausted.
Downtrend broken.
Risky sector and very prone to news related drops.
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Short interest remains high 16%
200ma target $33.98
Pivot point target $33.90
Company profile
Kohl's Corp. owns and operates family-oriented department stores. It offers apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows and house wares targeted to middle-income customers. Its stores generally carry...
