Gabrielle W

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February 14, 2020

 

 

 

Valentines Day Stocks

Good Morning everyone and Happy Valentines Day! In honor of the Holiday I will be doing analysis on 3 related stocks: Signet Jewelers(SIG), 1-800 Flowers(FLWS), and American Express(AXP). 

 

Signet Jewelers is the world's largest retailer of diamond jewelry and the largest specialty jewelry retailer in the US, UK, and Canada. In the US, Signet multiple brands including Kay Jewelers, Zales, Jared The Galleria Of Jewelry, James Allen, and Piercing Pagoda. In the UK, Signet is owner and operator of approximately 500 stores under the name brands of H.Samuel and Ernest Jones. 

 

1-800-Flowers.com, Inc. is a floral and gourmet foods gift retailer and distribution company in the United States. It was one of the first retailers to use a 24/7 toll-free telephone number, then the Internet, and then conversational commerce via chat/chatbots for direct sales to consumers.

 

The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average.

 

 

FLWS- FLWS is in a Supply Zone and also forming a head and shoulders pattern. With enough momentum, it can continue past the ATH but probability favors a drop soon. Interested in buying the possible dip? The stock has consistently reversed bullish at the 200 weekly Moving Average.

 

 

SIG- SIG has crawled its way out of darkness from a 95% retrace of its last all time high. While it does have a bullish technical set up, SIG will have to prove itself at the upcoming earnings report on 4/20/2020. If able to hold momentum, the probability of $37.15 is very high. 

AXP- AXP is in a very strong bull trend and probability is very high that it reaches the 1.618 extension of the 2009 to 2014 wave. Target is $149

 

 

 

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