EARNINGS-RELATED VOLATILITY CONTRACTION PLAYS: LB (7/69/16.0%):* Announcing Wednesday after market close. ARMK (11/56/13.1%): Announcing Tuesday before market open. TGT (30/39/8.6%): Announcing Wednesday before market open. Honorable Mentions: LOW (23/39/8.6%): Announcing Wednesday before market open. HD (17/31/6.7%): Announcing Tuesday before market open. WMT...
LB has broken the downtrend also bouncing from double bottom. I see some strength in this breakout. This is just an opinion. Always do your homework before you buy or sell any financial asset.
This looks like a pretty plain and simple head and shoulders formation on the 1H chart. I would expect price to get close to the rising support ($11.00) before bouncing.
Hi traders, I only did 1 trade today and was a little bummed seeing trades I passed on as being too risky work, but that's part of the game! Ending with a nice positive number and sticking to the plan. LB eventually went far beyond my TP, but it was showing weakness at one point so I played it safe. Trades: 1) LB - LONG @17.67, +1.1% *In my ID trades, I risk...
NYSE:LB Played out to perfection last time. Right back in the sell/short zone.
Could this pattern trigger a new rally in LB? There’s a real probability that yes, it could. Let’s see. Today LB made a harami near previous bottom. It would be perfect if the price closed above the purple trendline, but that unfortunately didn’t happen. Look at the volume, it increased a lot in the last two days. If tomorrow LB closes above the harami and above...
All description on the chart. Please, don't forget to like and follow. Thank you.
GLHF, trade at your own risk!
Down 77% from 2015 peak. Victoria Secret is literally getting killed and ready for bankruptcy. Next estimated EPS is 0.009 (if that is correct?).
Falling wedge on the weekly chart w/ and opportunity for a bull break to the upside
long down trend hit long time support / resistance line at 16 ish all the way back to 1986 Range since sep 19 and its been down 4 times , without breaking it, high volume on buyers the last few days Made golden cross with the 20/50 MA on the daily cart the RSI are positive and been a uptrend since sep. I need it to break up over the small resistance at 19 ish...
It's hard to get overly bullish on $LB, but the chart has piqued our interest. The stock has very strong support at the $16 level and $LB looks to be on the verge of breaking out. With so many bearish on retail names, $LB could outperform quite easily with so many pessimists and shorts in the stock. With 8% of the float short, we could see a nice short covering...
LB touched strong weekly support level. wait for breakout for entry. I also watching this one for trade .
RY has filled a gap created back at the beginning of 2018 and we also see a potential large double top formation on the daily and weekly timeframes that is being formed by rejection. This is an opportunity to position short for a new downtrend on the lower timeframes, looking for support on the 8/1 Gann and as low as the 4/1 Gann. On the larger timeframe, don't...
Steve Eisman (depicted as Marc Baum in The Big Short movie) has publicly revealed the institutions he is shorting in anticipation of the next wave of credit normalization. They include RBC, CIBC, Home Capital Group, and Laurentian Bank. Steve has not revealed his targets or how far exactly the trade will go, so the estimates on the chart are my own. As you know,...
Weekly supply imbalance in a clear downtrend on #LB Brands. Clear monthly, weekly and daily downtrends, shorts are areas of supply. If you like Victoria's Secret brand, this is a good moment to buy a present to your wife :)