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ChemistNate

I like JWN at 14.13

Lång
Nordstrom, Inc. (BATS:JWN)  
ChemistNate Uppdaterad   
BATS:JWN   Nordstrom, Inc.
Support and Resistance JWN nordstrom
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supportandresistance jwn nordstrom
Nordstrom is still a profitable company, even if middle-class retail continues to evaporate.

It has BIG SUPPORT at this level.

Has a tendency to jump up from this level.

COUNTERPOINT: No real idea how many people are willing to buy/sell at prices lower than this; sub-14 hasn't been seen since late 2020.
Kommentera:
I never made a play on this.
I would have been too impatient anyways to let this materialize.
NOTE TO SELF: Buying at 14.13 would have yielded me a 34% return in 3.5 months. PATIENCE is what I need to work on in 2024.
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