Two Competitive Plays for the Holiday Shopping Season
BONT NILE are two laggard retail plays which could easily see more of a bid into Christmas.
With Black Friday upon us, both stocks are acting well today.
BONT is a beaten-down chart and trying to move up off the "right side" of a long, potential base bottom.
And NILE is still potentially bull-flagging under well-defined $37 resistance.
Keep an eye on both of these specialty retail plays into year-end if we see the usual end of year drift on the indices, with select individual plays permitted to break higher.