I like JWN at 14.13

23 сент. 2023 г.

Nordstrom is still a profitable company, even if middle-class retail continues to evaporate.

It has BIG SUPPORT at this level.

Has a tendency to jump up from this level.

COUNTERPOINT: No real idea how many people are willing to buy/sell at prices lower than this; sub-14 hasn't been seen since late 2020.

3 янв.

Заметка

I never made a play on this.
I would have been too impatient anyways to let this materialize.
NOTE TO SELF: Buying at 14.13 would have yielded me a 34% return in 3.5 months. PATIENCE is what I need to work on in 2024.