Kohls (KSS) breaking out of bull flag

kohls kss swing trade longStock: Kohls Corp (KSS)

Long or Short: Long

Entry: $51.99

Stop-Loss: $50.59

Chart: Kohls Corp (KSS) Daily Swing Trade Setup

Kohls KSS swing trade long

Reason for Trade: I took the trade in KSS after it broke out of a solid bull flag pattern. It also held up quite well despite the morning weakness from the broader markets, which tells me there may be a significant amount of interest for traders to the long side. 

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small-ryan-malloryRyan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>

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