Apparel Sector Analysis & Trade Ideas (video)

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 increased by up to 2x by clicking on the settings icon at the bottom right of the video.

Short Trade Ideas Updated

The following trade ideas have been removed from the Active Short Trades categories as they have either exceeded their previous suggested stops (or any reasonable stop, if none suggested) or the stock simply no longer looks to offer an attractive R/R at this time. Some of these trades may have already hit one or more profit targets while others did not. Most trade ideas on RSOTC are immediately removed from the Active Trades category upon reaching the final profit [...]

Jul 9, 2014 6:52pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Short Trade Ideas Updated

SSI Short Entry Triggered

The SSI (Stage Stores Inc) Short Setup posted on Jan 9th has triggered an entry today.  Although the stock is current trading down nearly 6% on the day, with roughly another 15% before the price target (17.08) is reached, SSI will remain both a Trade Setup as well as an Active Trade for now.  However, the most objective entry for those who missed the breakdown earlier today would be for a bounce to backtest the white uptrendline.  For those who did short close to the breakdown level today (20.80), consider either a tight stop above a stop above 21.30 or a [...]

Jan 13, 2014 4:03pm|Categories: Completed Trades - Short|Tags: |Comments Off on SSI Short Entry Triggered

SSI (Stage Stores) Short Setup

SSI daily Jan 9th SSI (Stage Stores Inc) is another component of the XRT retail ETF that may soon offer an objective short entry.  Back on Aug 21st, SSI made an impulsive breakdown from a Head & Shoulders topping pattern, falling about 16% but reversing well shy of the measured target for the pattern (i.e.- the distance from the top of the head to the neckline subtracted from the level where the prices broke below the pattern).  Since then, prices moved higher to recently backtest the neckline (now resistance) from below.  The next objective short entry will come on [...]

Jan 9, 2014 10:35am|Categories: Completed Trades - Short|Tags: |Comments Off on SSI (Stage Stores) Short Setup