iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

One Idea for Each Retail Foot

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Interesting action in the big box retail stores versus a department store like Macy’s.

Costco was a monster winner in 2013, but the rubber band became too stretched and is now reverting. To my eye, seen on the first chart below, we still have the makings of a short setup if the outlined bear flag breaks lower under $115.

On the other side, Macy’s is still giving us a tight base over base daily chart look, second below. I view it as a long idea over $56.

NUS and HLF halted again? Any news?

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COST

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M

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11 comments

  1. StockCats

    something tells me @UncleBuccs will appreciate this post

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  2. Ohbondkenobi

    Breaking: Bill Ackman reportedly saying, “Oh shoot! I meant NuSkin!”

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  3. yoshii11

    I never see that kind of action in the big box retail stores or Macy’s…too conservative here in midwest.

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  4. yoshii11

    if you’re here ‘heckler’…looks like we got some fun in the sun with our IT security plays

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  5. aj

    NSFW NSFW!! 🙂

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