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3 Retail Plays for a Hot Holiday Season

Alan Farley

As usual, The TJX Companies, Inc. ( TJX) looks like a high-odds holiday play due to its long-term sector leadership and a two-month price pattern that should support a healthy breakout. Price action since that time has carved a narrow trading range with support at the 50-day exponential moving average (EMA) near $54.25. Kohl's Corporation ( KSS) shares ended a multi-year uptrend in the upper $70s in 2002, establishing a resistance level that denied breakout attempts in 2007 and 2015.