Fundamentals / Background: This company has financial difficulties and is not well-poised in this environment with depreciating value of inventory, and lots of it, with consumer strength weakining.
Technicals: Currently, Sell. Specific shorts at the 20DMA $72 range with a short add at $68. Additionally if the stock immediately rejects initiate short at break of $67-$68.
Short Stops around $73
This is pretty good short in general until it clears $73. Its fundamentals are still working against the stock, but we will be unbiased.
There is a short term mid-October bull bias if it clears the neckline at $69 or so, but shorts will likely be accumulating here.
Technicals: Currently, Sell. Specific shorts at the 20DMA $72 range with a short add at $68. Additionally if the stock immediately rejects initiate short at break of $67-$68.
Short Stops around $73
This is pretty good short in general until it clears $73. Its fundamentals are still working against the stock, but we will be unbiased.
There is a short term mid-October bull bias if it clears the neckline at $69 or so, but shorts will likely be accumulating here.
Not
KMX look to reenter short below $60, long if price can sustain +$75 for more than a month
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.