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  • Retail Stocks Retreat, Watch This Level On KSS 0 comments
    Jan 22, 2014 11:21 AM | about stocks: KSS

    This morning, many of the leading retail stocks are coming under some selling pressure at the start of the trading session. Leading retail stocks such as Kohl's Corp. (NYSE:KSS), Bed Bath & Beyond Inc. (NASDAQ:BBBY), Costco Wholesale Corporation (NASDAQ:COST), and Wal-Mart Stores Inc. (NYSE:WMT) are just a few of the names declining today. As you may know, the key to trading is to find where the stock will find enough institutional support to have a bounce. Day traders should watch the $49.90 area as decent support for KSS stock. This is an area on the chart which should give the stock an intra-day bounce.

    Nicholas Santiago

    Stocks: KSS
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