Note that these stocks have bucked the downtrend pretty well. I’m assuming this is due to the belief that during a recession, discount stores will see increases in sales.
While I am biased short, should the trend not bend too far to the south, these pullback setups should work well.
One of these two (think it is FDO) reports on Tuesday. Use caution.
Zip, if earnings beat they will sell on the news. LOL
Yes Looks so coz RSI-2 is bit oversold
I’m looking at the 7700 support level on the dow. Still 85 pts away but if we hit that I’m going to DC average in…