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quantguy
Oct 29, 2015 11:37 AM

Gap Downgraded 做空

Gap, Inc. (The)NYSE

描述

GPS is another stock on the downgrade list. Further indicators of weakness include the fact that it failed to break the high from 10/22 or 10/28 most recently. Furthermore, the negative slope across highs is getting steeper and steeper. The big rally on 10/28 was met with a meager follow up indicating this asset is exhausted and is likely to retrace. For profit targets, consider either the Fibonacci levels, the lows of 10/15 and 10/27, or the low of the gap day on 10/28.
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