foreign_intel

$FLWS Massive Pullback Imminent

Corto
NASDAQ:FLWS   1-800-FLOWERS.COM, Inc.
Currently looks over-extended at $18.55. Last time price reached these levels were in the early 2000s. Based on the current market structure, recent double/triple top formation patterns, and Elliott wave there is a chance that this stock sees a massive pullback to $17.50. If it breaks support here, then looking for next support around $16.50. All of this can potentially happen before or after May 2nd earnings report (Estimate: $-.19 per share).
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