PDA

View Full Version : AEO: A poor short idea



Pascal
11-24-2014, 04:07 AM
AEO is a broken apparel stock that is has bounced above its 50MA and is now down below it again.

27105

The Pyramid data shows that the retail clothing sector is very strong. This could continue pulling AEO higher.
The stock as a very weak LER, but the supply is lower than10%, which means that there is no panic selling.

27104

Stats to short at 13.86 with a stop on a break above $14 look good, but still, that would put us against the sector. Maybe not such a good idea!

27106