I'm sure everyone that can maintain a body temp of around 96 degrees, understands that Kohls has been a failing company for the last 2 years. For the short term traders, I have setup a very simple but concise support/resistance chart. As you can see it's prone to fall, as the resistance barricades the stock 4 times in one week interval. There are 8 highly regarded analysts that forecast an earnings per share of $1.32. This value represents a 16.46% decrease compared to the same quarter last year. KSS totally fumbled their earnings per share during the 2nd calendar quarter of 2016 by -13.89%. This is just more evidence suggesting a decrease in stock price. The 2017 Price to Earnings ratio for KSS is 11.51 vs. an industry ratio of 29.50. Implying that they will have a lower earnings growth than their competitors in the same industry. In Layman's terms...the company is tripping over its own two feet, so pull up for the show. In case you make poorly executed trade, the public knows that Kohl's downfall inevitable. Its not a matter of if, but when.
Thank you for your time:)
Instagram @zillionare_zone
Thank you for your time:)
Instagram @zillionare_zone
코멘트:
Turned out to be a nice little winner....thank me later;). Well then, back to feeding the dolphins outside under my beautiful deck.
코멘트:
After a nice scoop on the short candle, I would be weary of going long if you intend to hold the stock for over a month. Best of luck!