Retail Fail

By Tim Knight of Slope Of Hope

Wednesday, October 2, 2024 2:47 PM EDT

top view mall interior photo

Image Source: Unsplash

Giant retailers are starting to feel the heat of the recession that we’re in right now and will be announced after-the-fact next year.

AMZN – failed trendline

(Click on image to enlarge)

SHOP – failed trendline

COST – third rounded top

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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

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