UnknownUnicorn1564330

11.27.17 | KSS | Daily

Short
UnknownUnicorn1564330 Mis à jour   
NYSE:KSS   Kohl's Corporation
Journal Entry: I have drawn a rising wedge and various lines of supply, demand, support, and resistance. I am targeting price to move lower to at least the first Fibonacci line. I am noting the bullish wave was created on declining overall volume and the bearish pressure is building on increasing relative volume. That's all the time I have tonight folks. Thank You, God Bless.
Commentaire:
It looks like price made a low this morning and is now trading higher for the afternoon. This may be a good sign of a continuation bullish however it still has more resistance to break through.
Commentaire:
The day is not over but I am definitely saying the bearish news covering Black Friday is getting steam rolled and this baby is going higher. Perhaps a cover story released by the insiders to throw off the scent of their bullish trail. I am noting this is being done on below average volume so far.
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