KSS has been trading within the $21 - $15 range since early April. It unsuccessfully attempted to break the $21 resistance level twice this week, and is now headed for the lower resistance level of $15. Based on past trading ranges, we should expect to see it hit this tomorrow for a 20% loss.
Additional Thoughts:
This will be further strengthened by
AMZN's earnings announcement today. Amazon is even seeing difficulty in this market and they have an online strategy locked down. KSS doesn’t stand a chance until we reopen. Most high population states with, also tend to have higher income levels, are extending lockdowns.
Additional Thoughts:
This will be further strengthened by
노트
If we break the $15 resistance level I expect this to fall and test the previous 52 week low of $10.90. Depending on momentum and news, it's possible we may break through this and establish a new low in the $5-6 range.면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
