Jul. 31 at 5:54 PM
$KSS Hitting resistance at the 200 week SMA of
$19.86.
This is the 1st test of the average since hitting stiff resistance at it in Nov and Dec 2025. The average was also the 2021 high Anchored VWAP of
$24.27 almost to the penny. This was the volume weighted average price paid for every share since hitting a high of
$64.79 in May of 2021. The average today is
$23.79. Significant pressure from overhead supply.
Like the setup this time over the last time. We had a bullish crossover of 10 week over 30 week 3 weeks ago and a potential golden cross of the 50 over the 200 day SMA close by. The stock is near a pivot above June and February highs. And it is back to school season with ER Aug 26.
Holding
