www.msn.com [/url ] FL is here on a 30 -minute chart. It fell badly after good earnings 3 weeks ago and has been resting in a narrow range for about half of that. A volatility squeeze released and some price action with corresponding increase in relative volume resulted. FL has about 50% upside to the price level before the last earnings. i am expecting a...
JWN, now at 19.1 Investing few regularly since 13 since 4 months Target price as per ongoing pattern, 23.5 Holding 24 firmly can push this up to 40-42 in less than an year
In the ever-evolving landscape of retail, Nordstrom ( NYSE:JWN ) stands at a pivotal crossroads, grappling with the aftermath of a global pandemic and the shifting tides of consumer behavior. The recent announcement of weaker-than-expected forecasts for 2024 has sent shockwaves through Wall Street, prompting analysts and investors alike to scrutinize the company's...
Nordstrom is still a profitable company, even if middle-class retail continues to evaporate. It has BIG SUPPORT at this level. Has a tendency to jump up from this level. COUNTERPOINT: No real idea how many people are willing to buy/sell at prices lower than this; sub-14 hasn't been seen since late 2020.
JWN has a trailing twelve month Price to Earnings (PE) ratio of 73.69 which places it above the histroical average of roughly 15. Another expensive retail name #JWN has alot of stores in #California Obviously not a great place to be a retailer, given the rampant crime spree going on in that state! well The chart action clearly foretells further woes ahead ..
Seems A good area to keep eyes on. Try see if finds support on POC (Point of Control) in Volume Profile Looks primed to move up. Possible Targets Described in Video Not Financial Advice. If Ryan Cohen Has bought in, I suspect this is worth a entry. NYSE:JWN
Whats The Plan/Trade/Thought JWN seems like a good candidate to sell calls especially since they had a huge 16% gap down after their earnings on the 16 Aug My hypothesis is that there will be a continued bearish price movement below S&R 19.26. Encouraged by the broader market movement and retail’s tightening Despite the Fed’s action, the latest reports...
Whats The Plan/Trade/Thought JWN (Nordstrom) is a luxury departmental store chain. With the concerns of the recession and the cooling signs of the job market, layoffs in tech and the overall retail leadership cautiousness during the earnings. I think this is the right direction especially since it is following the larger market direction US retail sales...
I hear that the economy is pretty bad right now. So bad that we're in a recession, although the Government doesn't like the word "recession." The real word to describe the situation humanity is facing that nobody is saying yet, however, is "Depression." Here in North America, we aren't quite there yet, but no amount of money printing and astroturfing is capable...
NORDSTROM reported better than estimated Q2 results. EPS came in at $0.81, better than the consensus estimate of $0.80. Revenue grew 12% year-over-year to $3.99 billion, compared to the consensus estimate of $3.96 billion Despite the good report the American luxury department store chain is facing demand and customer traffic decelerating The next price target is...
A large broadening wedge has formed showing three distinct tops initially This recurring pattern can be seen in red with the last top yet to form With this top to form a large bullish move is required Similar bottoms can be observed also along the bottom dotted line re-emphasizing the pattern 200MA for further emphasis
Whats The Plan/Trade/Thought I had filled my Macy’s trade first but as I was looking at the charts I realised that it was possible for me to create some sort of a hedge with JWN and M (one being Puts, the other Calls). JWN similar to Macy’s has strong S&R lines at 30, 26 and 24.19 As I believe we are in the ranging situation. I expect the price to drop or go...
Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; TrunkClub.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores;...
i honestly just marked it up and havent been keeping up with the news. Don't trade if you don't know what you're doing lol. This is just how i see it
Whats The Plan/Trade/Thought I identified this trade by looking at Finviz Groups and shortlisted the mid volatility Industry players (1 Month bull, 2 - 1 Week bearish). This was because I wanted to be trading in industries with less volatile price movements. Previously for the past 4 months I have been trading in industries at the forefront of any movement....
Just my analysis on JWN, I have a few calls already. Hopefully it plays out! Don’t know what else to say. Low Risk High Reward
$JWN New Target 37.28 Whoah… what happened here? Gotta love when a stock takes a hit on good earnings. New target… a little lower than before because this market is crazy. Haha… trying to lock in profits a little tighter… ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is...
$JWN Target 39.34 for 21.46% Or Double position at 25.44 ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers with an A are places that are a good idea to add if you can. Numbers with a D are places where you should double your position. I start every...