KSS trade ideas
Kohl's Market Punishes Bottom Line Disappointment Kohl's, a brick's and mortar shopping favorite for women,
with television commercials shown around each holiday season,
offering give away in- store Kohl's Cash on purchases
just one month ago, broke out to a new high near $76.00.
However,the upside breakout proved false on the chart, just a trading few days later.
and the stock had recently been pulling back into the prior trading range,
a bearish omen for technical chartist's to ponder.
Today, before the open, Kohl's released quarterly earnings,
and issued forward guidance that came up well short of market analysts expectations.
Kohl's CFO admitted to not executing on their bottom line, as they should have.
The stock market's reaction with zero tolerance for that kind of " disappointment"
promptly sold the stock off over 10 % at the open, and the stock has shown little recovery since.
Kohl's Chart shows a sharp breakaway gap to the downside
that spells the kiss of death to anyone, now foolish enough to have bought the stock say above 70
when all the news seemed to be coming up rosy.
The Kohl's story of disappointment proves,. once again,
just how risky the stock market really is.
KSS Last 56.29
THE_UNWIND
5/21/19
NEW YORK
$KSS Kohls benefits from Amazon unlike others. BullishThe news that AMZN returns will now be accepted at all Khol's stores nationwide resulted in a spike of 12% in the retailers stock price last Tuesday.
"We are thrilled to bring Amazon Returns at Kohl's to all of our stores across the country," said CEO Michelle Gass. "Amazon and Kohl's have a shared passion in providing outstanding customer service, and this unique partnership combines Kohl's strong nationwide store footprint and omnichannel capabilities with Amazon's reach and customer loyalty."
"This new service is another example of how Kohl's is delivering innovation to drive traffic to our stores and bring more relevance to our customers," she added.
It is a win win for both companies, for Amazon, the deal allows customers to easily return unwanted items. For Kohl's, the arrangement brings in lots of foot traffic that are likely to make a purchase while in store.
We see another attempt at breaking the $80 barrier resulting in a major uptrend to $90.
KSS: Long opportunityAn intraday high potential, Back Tested Long Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
KSS - Neutral Iron CondorThe stock price broke out from a range, made what looks like a head-n-shoulders pattern, and can mirror the channel pattern it made before the head-n-shoulders. Volatility is high and this is a neutral directional bet on the price action.
47.5/50/77.5/80 JAN19 IRON CONDOR @ 0.45 CREDIT
General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
KSS -OFF Sell Earnings/ Black FridayWith all the competition for the retail dollar this Xmas season. Two retailers facing existential challenges; and most Big Boxes squared in battle with each other and the 900 lb gorilla on the internet . It seems incredible that upstart Kohl's can continue to run ahead of the pack with a P/E of 16.5. When larger rivals Macy's and Target (not to mention Walmart) struggle to maintain valuations 30% lower. Retail traffic is slowing and tariffs are starting to take effect on earnings and expectations, witness blow-ups Ralph Lauren {RL and Michael Kors {KORS just this past week. Furthermore, with the market punishing the latest earnings reporters for any transgression (I think they call it 'Priced for perfection.'); retail, especially Big Box stores, could falter quite badly with any deviation from the script that this will be the 2nd best Xmas in the last five years based on robust consumer confidence. Oh yea, technically KSS may be completing a 5 of 5 wave pattern going back to 2015 that has taken it to all time highs. Maybe that is why it is trading with reckless abandon.
Kohl's - ShortStrong resistence-area at 78.75. The share did rally twice with strong momentum before to the area, but failed to break it.
Nice setup for double-top might be built by the closure of this weeks session. If today's close-price stays under 75.50, position will be opened at upcomming Monday.
I like the huge trading zone, providing a considerable chance-risk ratio. TP2-level chosen as previous strong momentum countermoves from resistence-area were 50% and 40%+.
KSS Long off of long term support and wedge breakoutConfirmation of wedge breakout + volume surge. Well it looks like the chart I annotated yesterday took off a bit early on me. Retail numbers have been good and this type of formation is being seen currently in M, KSS, AEO and many other retailers. Price is bouncing off of longer term support and breaking out of this wedge. I'll buy now and sell a portion around $79 to lock in profits. If the price sees a breakout above $80 I'll go in heavy again for the breakout play.
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YUGE Buy on Kohls Yuge, we've got the biggest support. You'll see when we show um, we've got the biggest and best support around. Can't be beat. $69 range represents support at the 50 day moving average. And also would you look at that beautiful, just beautiful, resistance in Jan/Feb that's now acting as support @$69. Wait for the volume breakout my friends then buy this thing and lets make our portfolios great again!
-Trump 2018