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Kohl's (KSS) Breaks Through Support at $48.01

Written on Wed, 07/28/2010 - 2:21pm
By Chip Brian

SmarTrend has detected shares of Kohl's (NYSE:KSS) have bearishly opened below the pivot of $48.83 today and have reached the first level of support of $48.01.
Should the shares continue to fall, we are monitoring the next support pivots of $47.51 and $46.19. Also, the shares are currently trading below the 50-day moving average of $49.85 and below the 200-day moving average of $53.53.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Kohl's on May 14, 2010 at $53.73. Since the call, the stock has fallen 10.9%.

Keywords: kohl's pivot points

Ticker(s): KSS

Contact Chip Brian



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