Nordstrom Inc. (JWN) , our Stock of the Day at Real Money, released their third-quarter earnings numbers Thursday night and beat on EPS and revenue. Also, the company reported that off-price sales rose and digital sales jumped 7% during the quarter and represent about a third of sales now.
The stock is trading higher Friday morning so let's check out the charts on and off the rack.
Bottom-line strategy: JWN could have a strong day Friday and finish back above the 50-day and 200-day moving averages. However, we really need to see a couple of closes above the October and November highs to be convinced that prices are headed higher.