In my first ever post on Nordstrom's I provided a model which, as luck would have it, turned out to be scarily accurate in its peaking call. The model provided for a peak within the circle before breaking sharply lower.
That, as you can see from the subsequent update, is exactly what happened. But as if that were not enough, I then further added to the model to indicate a serious bottom in the $40 range before seeing a major move back up into the low to mid $50s.
Below is current actual from today. The chart undershot my price target momentarily but is now trading exactly where I expected it to.
So what's likely coming next? Do you think you know? If so, why not be bold like I have been and put something in the comments, even as an anonymous poster?
More importantly, do you think I probably have a pretty darned good idea? Well in fact, I do. But if you want to see it you will have to pay for it because something for nothing is a dying concept in our society. You can either subscribe to see this and other charts, including some coming 5-10 bagger likely moves or you can just order one custom chart by clicking the Custom Chart link above.
Or you can go it alone.
Always your choice!
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