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 ..
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...
Bear market is here and we are seeing swings up & down today. Nordstrom reporting earnings willthey go up or tank?
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
Just something to follow up on. Bullish at the moment but this is just a thought.
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
If trends can hold we are likely to see a gap up from Nordstrom to the long term 500 EMA. With Nordstroms deal with Fanatics along with Macy's blowout, I can see a potential for a nice gain post earnings call. Potential buy in strategy would be to dollar cost from $36 down pre earnings.
$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...
It appears JWN has completed an elliot wave cycle from November 1 - December 7. As such, I have reduced my position significantly in the stock. I will look for a reentry point around $26 per share.
The market is getting heated. I eased into JWN below 13 with long term call options but I did not expect it to go bonkers so quickly. I scaled out. I'm hoping to see the market cool off some and look for more discounts or retracments. JWN might keep going- I don't know but I buy into fear, not fomo. (renko chart not playable in published ideas)
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....
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...
Base on technical Analysis - prices moving inside the channel - it seems that there might be an opportunity to go long