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Is This Enough To Signal A Bull Trend For CHS?Retail's tough but at least CHS turned things around in the short term. I'd like to see that continue but it's a hard road with brick and mortar retail right now. Anyone know of a more in-depth outline of a digital strategy for Chico's et al?
"This week, Chico’s reported its Q4 outlook. In the report, the company revealed several milestones. First, it raised its fiscal, Q4 outlook. Furthermore, Chico’s also restated that it’s focusing on continuous improvement in its business.The company expects Q4 net sales to be flat. This may not seem all that impressive. But considering it was declining previously, it’s a step in the right direction. The company also will present info and conduct discussions at an upcoming investor conference next week."
Source: Are Penny Stocks Profitable? 4 Names To Know Now
Will TBLT Finally Turn Things Around?I'm not against historic figures from TBLT but for such a well-known company to do less than $2m? I'm not sure it makes sense to me. However, it's progress and it would be nice to see them follow this up with more progress too.
"Shares of ToughBuilt (TBLT Stock Report) haven’t lived up to the namesake over the last 12 months. But since hitting 52-week lows of $0.0906 in November, it would seem TBLT stock found a home under $0.20. That was the case until recently. Call it late December when ToughBuilt’s stock began to see some life coming back."
Source: Are Penny Stocks Profitable? 4 Names To Know Now
How to trade stocks like Tiffany & Co. using imbalancesAs mentioned in previous supply and demand technical analyses. When trading supply and demand imbalances we don’t really need any indicator or add-on tools to tell us how and when to place a trade. Let’s take a look at Tiffany % Co. stock #TIF using supply and demand imbalances as technical analysis without using a single indicator dragged on the chart, just price action and impulses.
When looking at the weekly chart, it’s clear there bearish impulses are stronger than the bullish impulses. These impulses have created a brand new weekly supply imbalance around $110 per share and reacting to it very strongly. The bias is shorts right now since bearish impulses are stronger than bullish impulses. You can used these impulses and use other trading strategies to take shorts on the way down, or even use options strategies to take long puts on the way down. See weekly chart with the weekly supply imbalance drawn around that price area.