I’m noticing quite a bit of bullish price action & technical developments in the apparel stores recently. This video provides technical analysis of the apparel sector as well as numerous apparel stores that appear to be setting up as attractive swing trading opportunities. Playback speed of the video can be [...]
here some updates to the active short trades. any active shorts not listed here still look fine technically but feel free to email me if you have any specific questions on a trade. [...]
fyi- i just noticed that the recent GCO short setup was mistakenly categorized as a long trade idea. i have moved it to the short setups and active trades categories. the stock is still re-testing the long-term uptrend line, offering an objective short entry with stops not too far above.
GCO looks like an objective short entry here with a stop above the 67.25 area. notes and targets on chart. best to use limit orders for entry & exit on this one due to the spreads.