Retail... More On

I’ve been talking a lot about retail shorts lately, so I’ll share some more now. First up is American Eagle Outfitters, having collapsed beneath a symmetric triangle and recovered back to its failed underside.

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slopechart_AEO

Besides just retail stores, I’m quite fond of providers of real estate to big retail. One of these is CBL & Associates, which is forming a pattern similar to the one before the financial crisis, except much, much larger:

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slopechart_CBL

Chico’s isn’t the cleanest pattern on earth, but that red horizontal does a decent job dividing overhead supply and ‘the fall zone’:

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slopechart_CHS

GGP is similar to CBL, and you can likewise see the analog to the pre-financial crisis timespan.

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slopechart_GGP

DDR is in the exact same line of work (purveyor of real estate to retail):

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slopechart_DDR

And, appropriately up, we finish up with FInish Line. This is also “threatened” with being taken over by some other company (hence the violent moves this summer), but to my eyes it’s an incredibly toppy chart.

(Click on image to enlarge)

slopechart_FINL

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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