I'm still out, with 53c support level finally broken I feel this is headed towards 35c to re-test prior resistance. The lack of volume suggests to me this will drift lower for sure.
The market really wants clarity on KSS's income. Until they can show some solid income generation from all these launched clusters I feel it's going to continue the medium term market trend - down. 35c would be a buy zone but they'd have to coincide a successful retest with positive earnings and a LOT higher volume. Seems crazy that we're only down 50% from highs given market turbulence.
KSS Price at posting:
45.0¢ Sentiment: Sell Disclosure: Not Held
