KSS outlook

٢٥ يونيو ٢٠٢٢

Trend:

Below 50,100 and 200 EMA
Positive ADX, DI below 20
Trend seems to be weak

Macro impact:

Consumer cyclical stock are not a good buy
Inflation impact on consumer purchase
High interest impacting credit buying

Recommendation:

Wait for price to cross above the resistance @ 47.5 for a reassessment