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"GUESS HAS BOTTOMED" -- IS IT SCIENCE, OF A "FEELING"

|Includes: Guess', Inc. (GES)

"GUESS HAS BOTTOM" -- HAS IT?


Jan. 27, 2017 4:59 PM ET•GESComment!

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

WHEN a writer writes "GUESS HAS BOTTOM" (or any stock for that matter) -- is that a scientific statement or just a 'feeling'?

Guess has not bottomed. The picture is quite clear.

A stock has not bottomed until it has broken back into the CGTS PROP1 BUYZONE. Guess has not bottomed.

This chart is being used to illustrate a discussion I am having on Seeking Alpha.

MJC, CGTS