Gap : >2%
pmVOL : >50 K
Time: Before 10:30
Direction: Gap direction (sell weak, buy strong)
RVOL: >2
avg Vol: > 1M
Long Term Chart : Test of a pivotal area
Float: >30 M
History of former runner: YES
Major ETF movement and strength: Possibly supporting the move.
Catalyst : ER beats, News, Second day play, Upgrade/Downgrade
Today I had on the watchlist:
JWN: ER+ Downgrade..
"Shares of Nordstrom plunged early Wednesday after the retailer posted weaker-than-expected third quarter earnings due to rising labor costs and supply chain delays.
Analysts at JPMorgan, Jefferies, Credit Suisse, Citi and Baird cut their price targets on the stock."
Sul daily ci troviamo alla rottura del canale ribassista di inizio Marzo '21 e ad un paio di dollari di distanza dai minimi a 52 settimane.
GPS: ER
"Shares of Gap were down after the San Francisco retailer said acute supply chain headwinds affected its ability to fully meet strong customer demand. Gap operates lifestyle brands Old Navy, Gap, Banana Republic, and Athleta.
Gap said global supply chain disruption, including Covid-related factory closures and continued port congestion, caused significant product delays in the third quarter.
The company also cut its full-year profit forecast."
PLAN: ER+Downgrade
Anaplan (PLAN) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 54.55%. A quarter ago, it was expected that this software developer would post a loss of $0.14 per share when it actually produced a loss of $0.09, delivering a surprise of 35.71%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
PSTG: ER
Shares of Pure Storage (PSTG) - Get Pure Storage, Inc. Class A Report rose premarket after the California tech company posted fiscal third -quarter earnings that exceeded analysts' expectations.
The maker of flash-based storage systems also issued a better-than-expected current-quarter revenue outlook.
BABA: ER second day+Downgrade
Continua il selloff iniziato dal rilascio dei dati trimestrali. Inoltre Downgrade fresco di giornata.
JWN
Sector: Consumer Cyclical
Industry: Department Stores
Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories. It operates through Retail; and Corporate/Other. The Retail segment comprises selection of high-quality, brand-name, and private label merchandise, which includes apparel, shoes, cosmetics, and accessories for women, men, young adults, and children. The Corporate/Other segment include unallocated corporate expenses and assets, inter-segment eliminations, and other adjustments to segment results. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.
"Shares of Nordstrom plunged early Wednesday after the retailer posted weaker-than-expected third quarter earnings due to rising labor costs and supply chain delays.
Analysts at JPMorgan, Jefferies, Credit Suisse, Citi and Baird cut their price targets on the stock."
Sul daily ci troviamo alla rottura del canale ribassista di inizio Marzo '21 e ad un paio di dollari di distanza dai minimi a 52 settimane.
Symbol: JWN
Gap: -24.91%
pmVOL: 1.421 M
Time: 9:34
Direction: Gap direction
RVOL: 6.9
avg Vol: 4 M
Float: 112 M
avg ATR: 1.52
Catalyst: ER Miss + Downgrade
JWN Rip del 25. Rottura/pullback del/sul 24.30 oppure dei minimi a 52 settimane.
Set-up: Breakout/Breakdown.
Side: Short
Mi piaceva molto il 25 che era un livellone sul daily ma l'azione all'open è stata troppo rapida per me per poter pianificare una entrata. Poco dopo però noto compressione sulle candele che tengono il range appena sopra il 24.30 livello di inflessione del premarket, con il poc che pulla.
Purtroppo stupidamente per la mia entry vado dietro al prezzo e non aspetto una chiusura sotto il range di consolidamento beccandomi il minimo del codino della candela.
Sono rimasto dentro tenendo duro anche quando il prezzo mi è andato contro fino a 24.62 perchè l'idea era ancora validissima anche per l'andamento del consolidamento che era
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-11-24 09:34:47 | JWN | sell | $24.040 | short |
2021-11-24 09:40:07 | JWN | buy | $23.730 | short |
2021-11-24 10:06:53 | JWN | sell | $22.830 | short |
2021-11-24 10:06:53 | JWN | sell | $22.830 | short |
2021-11-24 10:19:01 | JWN | buy | $22.560 | short |
2021-11-24 10:30:31 | JWN | sell | $22.740 | short |
2021-11-24 10:42:28 | JWN | buy | $22.940 | 0 |
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