Posted by timebandit on 19th of Jan 2023 at 12:39 pm
Reshorted DG on the bounce this morning. DLTR, FIVE, and WMT
also broke down. XRT dropped below trendline and failed a fourth
time at horizontal resistance. XRT is finding support this morning
at the 50 ma, so we'll see what it does from here.
Reshorted DG on the bounce
Posted by timebandit on 19th of Jan 2023 at 12:39 pm
Reshorted DG on the bounce this morning. DLTR, FIVE, and WMT also broke down. XRT dropped below trendline and failed a fourth time at horizontal resistance. XRT is finding support this morning at the 50 ma, so we'll see what it does from here.
Not pretty action on FIVE
Posted by mastermind on 19th of Jan 2023 at 12:48 pm
Not pretty action on FIVE the last couple of days, but it's at a support level now. One retailer that rebounded impressively was BOOT.
Thank you for mentioning BOOT. Watching
Posted by timebandit on 19th of Jan 2023 at 01:36 pm
Thank you for mentioning BOOT. Watching it now.