Saks (SKS) Important Technical Juncture

We highlighted Saks (SKS) earlier this month here The narrowing trading range has so far resolved to the downside but for us still too early for a trade given the critical juncture of the overall market and especially the technical development in SKS itself. On the chart below note how SKS fell out of the […]

Chart Of The Day: Saks (SKS)

Saks (SKS) got smacked hard in the 2008 sell-off…from the low $20s down to as low as$1.50.  Since then the stock has managed to pick itself back up in a big way and traded nicely technically.  Several nice bullish wedges and flags have successfully played out over the past three years.   Thus far in […]