Lands End Inc.

12 mar 2015

After a steep decline to the lower boundary of USD 34-36 gap last September shares of Lands End Inc. managed to hold above the upper bound and even something like a triangle has shaped up. A good buy-in position for the stock is USD 36 or when it breaks out of the upper limit of the triangle, with a target at the lower boundary of another gap of USD 42-50 as of the beginning of 2015. This target looks quite evident. Should the stock manage to breach the USD 42 mark, the next upside target will be the upper bound of the USD 50 gap.
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