J. Crew Group, Inc. (JCG)
I’ve decided that every day I will talk about one stock on my watchlist. Today I will mention JCG, which broke out to a new all-time high with volume:
J. Crew Group, Inc. “operates as a multichannel specialty retailer of women’s and men’s apparel, shoes, and accessories in the United States.” I prefer to trade AMEX and Nasdaq stocks, but it is hard to deny the power of JCG, with such a nice chart and earnings growth.
I was busy watching other stocks, but johnson pointed it out on WallStreak right as it broke out at 10:30am today. What a sweet trade.
You have to be patient to find a low-risk entry at this point.
