This is a 60 min. view of CHS. The stock capitulated last Thursday following its earnings release. Today it made a higher low and looks poised to bounce if it can regain its 20 period EMA or trade above $18.00. This is a very short-term trade. Resistance at $20.00 followed by $21.00.
Monday, August 28, 2006
Chico's FAS, Inc. (Public, NYSE:CHS) - TA Request
This is a 60 min. view of CHS. The stock capitulated last Thursday following its earnings release. Today it made a higher low and looks poised to bounce if it can regain its 20 period EMA or trade above $18.00. This is a very short-term trade. Resistance at $20.00 followed by $21.00.
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