now going into their slow season trading below the pivot point but it still could see support at 30. Actually if it hits 29 I might get a little nervous and not participate as I look further into this company. If it breaks that who knows. WSM has a lot on its plate. It owns many other retail stores with marginal sales.
There is key support right here at $30.45 and I had this stock on alert to buy at this support level. The problem is that even though it hit my target price I set like a month ago, you are right, the chart is giving sell signals. Wow, I am almost tempted to short here at the price I set for myself as an entry point.
Well, I will at least past myself on the back for knowing the stock would drop to this level. I should have shorted it.