Tuesday, May 16, 2017 1:46:59 PM
Shares of Dicks Sporting Goods Inc (NYSE:DKS) fell sharply on Tuesday after reporting poor earnings and guidance. The stock is trading down over 13%. As it collapses and long investors who held into earnings are in pain, swing traders are beginning to scope out major buy levels. After extensive analysis, I am seeing a buy support level on the stock chart at $38.00. This is the first level I would consider buying for a swing trade long trade. Off this level, assuming the stock falls directly into $38, investors should see a solid bounce back above $40. Perhaps even a 10% bounce over multiple days to a week or two.
Gareth Soloway
InTheMoneyStocks
Recent DKS News
- DICK'S Sporting Goods Plans to Hire nearly 8,000 Seasonal Teammates for Holiday Shopping Season • PR Newswire (US) • 10/03/2024 01:07:00 PM
- Synchrony and DICK'S Sporting Goods Extend Partnership • PR Newswire (US) • 09/26/2024 12:58:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/04/2024 11:06:16 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2024 11:02:37 AM
- DICK'S Sporting Goods Reports Second Quarter Results; Raises 2024 Outlook • PR Newswire (US) • 09/04/2024 11:00:00 AM
- U.S. Index Futures Fall Amid Market Volatility; Oil Prices Drop on Libya Dispute, Weak Global Demand • IH Market News • 09/04/2024 09:52:47 AM
- Big Lots Falls 27%, Considers Bankruptcy; DraftKings Acquires Simplebet, Berkshire Hits $1 Trillion • IH Market News • 08/29/2024 10:06:50 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 01:10:41 PM
- DICK'S Sporting Goods Announces Participation in the Goldman Sachs 31st Annual Global Retailing Conference • PR Newswire (US) • 08/22/2024 12:00:00 PM
- DICK'S Sporting Goods expands supply chain network with new distribution center in Fort Worth, Texas • PR Newswire (US) • 08/13/2024 01:02:00 PM
- DICK'S Sporting Goods Second Quarter Results Call Scheduled for September 4th • PR Newswire (US) • 08/05/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 11:00:08 PM
- DICK'S Sporting Goods Announces Partnership with Team USA and the LA28 Olympic and Paralympic Games • PR Newswire (US) • 07/23/2024 03:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/12/2024 08:30:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/11/2024 09:14:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:51:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:47:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:40:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 08:37:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:31:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:30:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:28:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:27:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:26:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:24:53 PM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM