Leading department store retailer, Kohls Corp (NYSE:KSS), continues to struggle to catch a bid. The stock recently plunged lower in November 2019 after reporting earnings that disappointed Wall Street. Traders and investors should note that the stock is trading below it’s important 200-month moving average. This tells me that the stock is in a severe downtrend and further downside is very likely in the near term. Traders should note that the stock should have solid support around the $35.00 level. This level is where the stock was defended in June 2017 and it will likely be solid support again when tested.
Bullseye Trading has logged in 18 consecutive winning trades since it began on September 2, 2019! This performance is verified and documented. Check out EVERY trade and get the next right now, click here.