KSS - Gap Holding Back Kohls

30 Eki 2019

KSS had a gap down on earnings on May 21st. This is the third time price has gotten near or tested the gap resistance level & it has been rejected each time. Price seems to be falling from this level again as it sits in an overbought condition. It provides a short opportunity with a couple of Fibonacci Extension levels provided with the dashed green lines.

5 Kas 2019

İşlem elle kapatılmış

Short trade should have been closed back on November 1st as price found some strength as it neared the initial price target.