May 22, 2013 at 10:55 AM EDT
StockCall Pre-Market Review on AEO, LTD, CHS, and WTSL
StockCall.com Provides Stock Research on American Eagle Outfitters Inc., L Brands Inc., Chico's FAS Inc., and Wet Seal Inc.
New York City, New York -- (May 22, 2013)
A report released by the Commerce Department earlier this month showed that retail sales rose unexpectedly in April. The better-than-expected retail sales data highlights the fact that consumer confidence has been boosted by an improvement in the labor market. If the labor market continues to show signs of improvement, then retailers such as American Eagle Outfitters (NYSE: AEO), L Brands Inc. (NYSE: LTD), Chico’s FAS Inc. (NYSE: CHS), and The Wet Seal Inc. (NASDAQ: WTSL). Shares of all four companies edged higher in Tuesday’s trading session, tracking gains in the broad market, which rose as concerns over an early-end to Federal Reserve’s bond buying program eased a little. StockCall analysts initiated preliminary technical research on AEO, LTD, CHS, and WTSL. These free reports are accessible by signing today at
Shares of American Eagle Outfitters edged higher on Tuesday, May 22, 2013. However, the company saw limited gains as it closed 0.49% higher at $20.31 on above average volume of 3.43 million. Nonetheless, this session took the company’s gains in the last three sessions to over 2.50%. American Eagle Outfitters’ shares have seen a series of highs over the past two weeks which is a bullish signal. The stock has also crossed above its 50- and 200-day moving averages, which further confirms the positive trend. Despite the recent gains, shares of AEO have fallen nearly 1% so far in 2013. The free technical analysis on AEO is available by signing up at
Shares of L Brands Inc. ended marginally higher in yesterday’s trading session, extending their gains from previous sessions. The stock traded between $51.53 and $52.13 before finishing the day 0.27% higher at $51.95 on volume of 2.48 million. Shares of the company have gained nearly 2.90% in the last three sessions. Year-to-date, the stock has gained more than 11.10% as compared to a growth of over 17% for the S&P 500. Shares of the company are currently trading well above their 50- and 200-day moving averages, which is a bullish signal. Register now to download the free research on LTD at
Shares of Chico’s FAS Inc. edged higher in trading on Tuesday, touching a 52-week high of $19.83. The stock closed 0.10% higher at $19.73 on volume of 1.54 million. The company’s shares have gained more than 1.50% in the last three sessions. The stock has seen a series of highs for nearly a month now which is a bullish signal. The stock’s MACD is currently trading above the signal line and the zero-line, thus further confirming the positive trend. Chico’s 50-day moving average has just crossed above the 200-day moving average, forming a “golden cross”; yet another positive signal. Free report on CHS can be accessed by registering at
The Wet Seal Inc.’s shares rallied in yesterday’s session, touching a 52-week high of $4.67. The stock ended the day 4.91% higher at $4.49 on above average volume of 1.76 million, taking its growth in the last three trading sessions to over 12.80%. Shares of the company are currently trading well above their 50- and 200-day moving averages, which is a bullish signal. The positive trend is further confirmed by recent volume activity, and the stock’s MACD chart. Year-to-date, shares of WTSL have gained more than 62.60%.Register withStockCall and download the research on WTSL for free at
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William T. Knight
Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)
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