Kohl's Potential Long Term Investment at Pendulum Low
Updated
Broadline Retailers are strong.
Several companies in the peer group of Kohl's (like Macy's - M) are at Pendulum Low and showing signs of stabilization.
Between M and KSS, KSS has stronger fundamentals.
Kohl is at Pendulum Low - a low enough price to start looking for Long Term Buy in good companies.
Kohl has a recognizable and positive brand name.
The risk is small as Stop Loss is narrow.
forums.superiorprofit.co/post/kohls-potential-long-term-investment-at-pendulum-low-8496587?pid=1295576859
screencast.com/t/OKc8IaYddZip
Several companies in the peer group of Kohl's (like Macy's - M) are at Pendulum Low and showing signs of stabilization.
Between M and KSS, KSS has stronger fundamentals.
Kohl is at Pendulum Low - a low enough price to start looking for Long Term Buy in good companies.
Kohl has a recognizable and positive brand name.
The risk is small as Stop Loss is narrow.
forums.superiorprofit.co/post/kohls-potential-long-term-investment-at-pendulum-low-8496587?pid=1295576859
screencast.com/t/OKc8IaYddZip
Trade active
As a Swing Trade, Kohl Long would be exited before earnings with profit. As explained in attached chart.KSS continues to be strong fundamentally and pays a good dividend. Longer Term Investors may hold it as the sideways range is maintained so far; though many of its peers like M etc. have declined sharply.
forums.superiorprofit.co/post/kohls-potential-long-term-investment-at-pendulum-low-8496587?pid=1295697472
screencast.com/t/P9iZ6cZV
screencast.com/t/DeEeNW1Oox0P
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