KOHL'S BEING HAILED AS THANKSGIVING WINNER - TIME TO TAKE 47.5% MATASII SII GAINS
KSS CHART AS OF CLOSE 12-05-18
WORTHWHILE READS
- Kohl's is being hailed as a winner of the retail apocalypse while other department stores struggle. We shopped there and saw why. -- Business Insider
- Kohl's: A Good Value At $65 Seeking Alpha
MATASII WATCH LIST TRIGGERS / GAINS
INITIAL KSS Kohl’s Corp IDEA: March 27th, 2017
KSS is coming up on significant technicals: previous lows and long term support. IF these are broken through, then the market could be resuming its previous down trend started in 2015 (weekly). IF support is found however, then we could see another bounce / lift back to the previous highs that can be seen on the daily chart. Potential trigger considerations are highlighted with orange; orange dashed arrows offer potential market moves once technicals are broken. There is a gap above that could be filled, note resistance that could then drop the market quick. Current W%R shows negative pressure for both weekly and daily charts, indicating more down potential for the market. IF the indicators lift past the most recent down turn then this would be a warning of potential strength coming back in to the market.