Two Great Charts: Twitter and Kohls
March 21, 2014
Today's market video focuses on two separate names using different time frames. The first one is a short-term look at shares of Twitter $TWTR where we can see prices coming down to the key $50 level. The risk/reward here is skewed nicely for the bulls. The setup in Kohls $KSS is based on a much larger time frame. We're looking at a multi-year base that looks an awful lot like the Dow Transports towards the end of 2012. We could see a monster rally develop in this name.
I hope you find value in this video:
Tags: $DJT $IYT $KSS $TWTR $SPY $TRAN