Upcoming Roller Coaster For Kohl's (KSS)

Putting Elliott Wave Theory To Work. I have made the first of six trades today with three planned positions over the next 3 months. After breaking down the KSS chart at a technical level, I have forecasted 3 rough price points (68.42, 61.22, 75.62).

PLAN #1
Entered first position at 63.37 on January 12
Plan to exit around 68.42 around January 18
This would be around an 8% gain

PLAN #2
Plan to short after the exit around 68.42 on January 18
Plan to exit around 61.22 on February 23
This would be around a 10.5% drop for stock

PLAN #3
Plan to enter long position around 61.22 around February 23
Plan to exit around 75.62 around April 18
This would be around a 23.5% gain

Giao dịch đang hoạt động:

Closed first position at 67.50 today.
PLAN #1 is completed
Moved 4.13
6.5% gain

Opened short position at 67.43
Plan to exit below 62 or by the end of February

Bình luận:

PLAN #2 completed on February 6 with sell at 59.55
Stock dropped 7.95
11.7% profit

Entered long position on February 9 at 60.50
Plan to exit around 75 mid late March - early April