Retail has certainly had its challenges over the past couple of years, between difficulties in the mall and then the big gorilla in the room, Amazon (AMZN) , which has become a big threat to the traditional shopping outlets. However, there are a handful of names that continue to perform well, one of those is At Home Group Inc. (HOME) .
This stock really started to power up back in December on some very strong turnover and price action. Even as HOME started to turn down in March (arrow), a huge gap up and continuation move followed. In rare fashion for today's market, At Home is at new highs and sporting some strong technicals to boot.
The MACD (moving average convergence divergence) is on a strong buy signal, money flow is impressive and relative strength is as good as any stock out there right now.
Even if HOME pulls back a bit this would be a buying opportunity.
Watch this video to find out more.
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-- Bob Lang and Chris Versace are co-portfolio managers of Trifecta Stocks.