Sagar
L Brands is up after earnings.

$LB.

1) The Apparel Retail industry is strong today and is (2) accelerating (largely due to LB's up move!).

3) The stock pays an excellent dividend yield of 7.5%.

4) LB is up by more than 10% and (5) it is going up from near the 52-week low.

6) Undervalued stock with (7) short squeeze potential.

8) The weekly Backdrop is bullish - it is forming a base for several weeks after displaying the bullish Headwind reversal signal.

9) If the daily Memory trendline resistance is broken, it may give a low-risk buying opportunity.


  lb 1 2019-11-21_10-38-21.jpg  lb 2 2019-11-21_10-38-03.jpg 
lb 3 2019-11-21_10-39-31.jpg 
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Sagar
1) $LB could not close above the Memory trendline resistance and you would avoid taking a long position in the stock.

lb 1 2019-11-22_9-14-14.jpg 
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