Monday, January 28, 2008

Kohls (KSS) Waiting for 3rd Arrow

On Friday, KSS had 2 red arrows and looked like the 3rd arrow was poised to turn red.
Price - red
STO - green
MACD – red

Today did not do what I expected; one of the red’s turned green.
Price - green
STO - green
MACD – red

I’m still expecting this to continue its downward trend but for now I’ll wait.

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