takemoreprofits

CHS stochastic divergence at breakout point of a falling wedge

Long
NYSE:CHS   None
This is a longer term setup off of the weekly chart.

Chico's (CHS) has stochastic divergence on both the weekly and daily chart.
It has strong resistance at 9.75 that it needs to break through in order to make the bigger move.

Buy: 9.29
Target: 10.74 - 13.07
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.