Big Lots could see its biggest post-earnings move in years. How you can trade it

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Big Lots could see its biggest post-earnings move in years. How you can trade it (via TradingNation)

"You had a little bit of a bullish flag that's formed," Johnson said, referencing Big Lots' stock chart. "The $64 level, which it's coming back up to retest, is a pretty big overhead resistance level, and any sort of break above that would be a nice indication of another leg higher starting to unfold.""I'd also point out that the relative strength trend is improving versus the," Johnson said. "In the options setup, ...

"The Lido Recovery Portfolio has established a position in Target," she said in the same "Trading Nation" interview. "If you look at Target's performance, they have just crushed it during the pandemic. They have had very strong sales, but they've also upped their e-commerce game."

 

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