|Day Low/High||133.17 / 136.96|
|52 Wk Low/High||86.57 / 148.22|
The discount retailer is showing several sell signals into earnings this week.
With years of growth ahead for the company, and with the stock trading well off of its highs, now might be the time to take a look at Five Below.
FIVE could be a key retailer poised to seize on toy sales alongside more traditional retailers.
How long can the retailer continue to open new stores at a pace of 20% annual growth per year?
As Jim Cramer noted,'Nothing is worse than fluid.' That's just how Five Below sees the trade situation.
FIVE could provide a modicum of comfort to retail investors run ragged in recent weeks.
The overall technical condition of this retailer's stock was weak before the earnings announcement, so be alert for further declines ahead.
Here's the problem I see from 10,000 feet.
Can markets go higher? Certainly, but we still need to see higher prices form here on higher volumes in order to confirm that those big kids are playing ball.
Only economists and pundits seem to be worried about a pending crash that might never occur.
A resilient market allows you to buy stocks when they get hammered and do so with some certainty that you won't get your head handed to you.
The bulls may not be doing much but the bears are doing even less.
Starting with Lyft, individual stocks are going to make a comeback. I sense the excitement and the possibilities. But don't leave it to just the IPOs.
The company expects to open more than 20 new international stores in 2019, at least half of those will be in Asia.
I will make this trade after you have a chance to read this.
Five Below has been an outstanding performer over the past few years.
These themes are working despite the turmoil in Washington and slowing global growth.
Mike Cintolo and Jim Woods saw their top picks for 2018 rise 81% and 75%, respectively.
Broader market action may be just enough to get FIVE to rally.
In the current market, any disappointment from such a consistent performer is only amplified.
What to buy and what to trim on the 90-day extension on trade talks.
There are several sell signals on FIVE and a very key support level on the shares.
These long-term opportunities are seen as recession resistant while consumers seek to stretch the value of their dollars.
The sales 'donations' from this name to other retailers are almost over.