13-Year Support Could Help Propel This Stock to Material Upside
AMED is presented below. The stock sits at 13-year support at line (2) which forms the low end of a long-term channel defined by it and line (1). At the same time it sits b/t a flag/consolidation pattern formed by…...
Relics of the Past, More Downside for These Companies
SHLD & JCP are presented below. Both sit atop long-term support lines (1a) and (1b). These lines are the only things standing b/t current prices and materially more downside. As it stands, I believe both support lines will break and…...
Trailer Park Trash Could Become “Bourgie”
Resigned to the junk bin for 30 years, trailer park trash – manufactured housing – has the potential to become “bourgie”. Talk about places nobody wants to invest! And for good reason; this industry and these stocks have been perpetual…...
As Suggested in May, Risk-Free Rates Have Risen Materially
We have absolutely nailed the US treasury/rate trade (and its implications to other asset classes) and have no shame in stating as much. We were prescient enough in October of last year to suggest that if one were bearish US…...
Bullish, Inverse H&S Set-Up in this Stock
I sent this set-up to you in an email this week and merely want to “officially” post to the site for posterity. PBI has recently formed a bullish, inverse H&S pattern over the past ~two years. With its announced $400…...