Retail stocks are nearing my entry levels. However, the negative retail report could pull them down further. For this reason, I am taking small position sizes in my retail trades and using tight stops–KSS, ARO and LOW.
I bought 150 shares of KSS at $50.44
I bought 150 shares of ARO at $34.02
I bought 200 shares of LOW at $25.30
Hi! I have to admit going purely by the charts, I am finding it hard to see your reasons for taking these positions, specially ARO which looks like it will pull back to MA(50). Could you please explain your analysis for these stocks. Thanks!!
Hi, Where is your stop on KSS ?