Retailer Kohl's (KSS) was downgraded Friday to "sell" by a sell-side firm, but the shares looked weak before that. Back on November 18 we wrote that "If traders see that KSS has pushed more than half-way through the $60-$65 resistance area - above $62.50 - then they can go long risking to $56. The $76 area is our first price target." With hindsight we know that KSS failed to push through the chart resistance. Let's check out the charts again.
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