A Simple Trading Look At PIR As of 24 September 2015

PIR W As of 24 Sept 2015

Current Trend (W): Down

Abv/Below Value Zone: Below

Next Scheduled Report Date: Reported today 24 September 2015

52 Week High: $17.52 (6 February 2015)

52 Week Low: $8.52 (24 September 2015)

Current Relevant Resistance: $17.52 (26 January 2015 Lo)

Current Relevant Support: $8.52 (52 Week Lo) – Already lower at $8.10 AH.

Recent Close: $8.10

Comment: Pier One reported after the close today and fell an additional 6.5% after being down 2.47% for the day.  The result was not really a surprise in light of how the stock has traded over the last 2 years or so…  Anything is possible, but I would have no interest in buying the stock anywhere south of the $14 level.

KIS,

The Trader

 

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