KAS109

KAS109 Updated 

Good risk/reward ratio. Double top. Downward trend on intraday chart.

KAS109 Updated 

Failed to go higher. Earnings around the corner. Overextended on the weekly chart. RSI decreasing.

KAS109

Low Beta, high dividend yield. Try for buy at lower level of demand area $6.76. First target $7.19. 2nd = $7.39 3rd = $7.69. Stop loss $6.69. Risk= sell off prior to earnings on 3/2, but last earnings was a surprise and stop loss is protective.

KAS109

XOM began recovering with the rest of the market on Friday afternoon. RSI on 1 year daily is oversold @ 35. Dividend stock (77 cents, ex-dividend date 2/12). Excellent opportunity to buy a demand area with relatively low risk. Stop loss below $73.90. I am long and will await confirmation to purchase more shares above $76.94 level in order to reach a reversal...

KAS109

Buyers are tiring out. Trend line break. Decreased volume and RSI trend. Price showing weakness with lower open today. Higher prices rejected as shown by tweezer top. Significant demand area way below never retested. Other peer retailers with better fundamentals are significantly lower -$20 price range- AEO (dividend stock), BBBY, ODP. 1st target = $30.

KAS109 Updated 

Fundamental: EPS Growth >30% quarter over quarter. Technical: Double Bottom, upward trend.

KAS109 Updated 

FORM is in a long-term uptrend. Target = $18.40. Would look for entry when RSI reaches 60 level.