FRAN
FRAN - DAILY CHARTHi, today we are going to talk about Francescas Holdings Corp and its current landscape.
After reported a worse than expected EPS ( - $1.12) and sales results ($95.5 million miss the $119.31 million estimate) Francescas Holdings Corp has been under a bad momentum as investors got disappointed over the holding that operates a chain of retail boutiques that it offers fashion, apparel, jewelry, accessories, and gifts primarily for women. Francesca's Holdings can also suffer from the latest consumer price report from the Bureau of Labor Statistics that revealed a weakness in apparel prices, on a month that included Black Friday and Cyber Monday sales, which becomes an aggravating factor in this case.
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FRAN going upFor at least the next week or two, FRAN is a safe bet going forward. Wait for the dip, buy on the upswing.
FRAN
Momento claro de indecisión. Al acercarse a la resistencia comenzó a bajar el volumen. Los indicadores todavía son positivos.
Hay que esperar unos días a ver que sucede, por ahora muestra mas ganas de bajar para volver a tomar impulso. Para tener un ojo en el papel.
FRAN - H&S formation short down to $10.17FRAN is forming a potential H&S in weekly frame, and in the daily frame it has broken down key support area. We think it has huge downside potential, and it can go down to $10 area.
* Trade Criteria *
Date first found- April 5, 2017
Pattern/Why- H&S formation in weekly frame
Entry Target Criteria- Break of $13.93 or rally back up to $14.93
Exit Target Criteria- $10.17
Stop Loss Criteria- $15.75
Please check back for Trade updates. (Note: Trade update is little delayed here.)
