$JWN Target 40.10 for 20.97% Or double position at 26.20 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before...
TARGET HIT @ 39.80 for 17.93% Profit I took profits today. . . The target was set when I bought it 36 days ago. GL to those who sell higher…
Support at 29, with bouncing from 20 ema, holy grail setup. Currently in consolidation at low volume, after a Huge breakout on big volume on earnings. 2 months
NYSE:JWN Possible Scenario: SHORT Evidence: Overbought RSI * It should fall 20% soon. It's my opinion and could be wrong 100%
Good morning or good evening depending on what time zone you're in when reading this. 🤠 Today on the 25th our biggest stock in the portfolio released their Q3 earnings report. As of now we are 74% up on average in this stock. For all of you who aren't aware of what JWN is; Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories....
Nordstrom's been hit really hard - and rightfully so. It's a department store in the era of specialized stores. As a sector, department stores are commodity brands with minimal appeal. That said, out of all the department stores, there's really only one store that has made a brand for itself - Nordstrom. Of all the stores out there, I believe it has the least...
Another lockdown can bring it to 7.50$ then possibly to 1$ for the ultimate buy
Nordstrom has been a big loser since COVID-19 and is on a long-term downtrend. However, it's been on a short-term uptrend since late August and just blew through its July highs. The next objective will be the early August highs around $17.50. Our goal is to ride the short-term trend for as long as it lasts during September and October. We don’t want to own this...
JWN breaking out of a steep falling wedge before earnings coming out this week. MACD showing bullish signs with golden cross. Wait for RSI to reset below 30 for entry.
Hey guys, been watching since last week as nordstrom started to beak out from recent lows and seems to be following the trend pictured. Based on a 30 day close RSI I believe that the price can continue to follow this trend to $21, more conservative amount $19, if it is able to pass the resistance at $17.82. MACD is also cycling back into the green, price should...
After breaking through he last support structure shown in my last analysis, JWN has also confirmed a heads and shoulders, we expect JWN to continue falling into the next fib retracement level, if it breaks that, there are a few more support level with the strongest at around $13 where the recent low was before it started making the run up past $20. Head and...
JWN is currently at the bottom of the channel it has been in this quarter. If the greater market continues its trend, JWN is expected to bounce off the bottom of the channel. If it breaks below it, we may expect to see a sell off. With a recent red day yesterday, it's hard to know where it is going for the next two weeks.
Base on technical Analysis - prices moving inside the channel - it seems that there might be an opportunity to go long
Based on Technical Analysis and against the fundamental, it seems that the price might go up to level 22.00 USD We can not be so confident as the bed news is that Nordstrom will be permanently closing 16 of its department stores, and this might impact on the Stock on Monday. It is better to be prudent and hold for now. Buying now might be an Idea for a long term...
Retest gap, will go lower on earnings... Probably going back to test 200MA daily levels. My thoughts...