Frozen in Time But Not Forever

With earnings on May 22nd, Kohl's is looking more and more like a forgotten relic of retail's past, with Macy's (M) and Nordstrom (JWN), for example, garnering more attention than KSS among large department stores. 

On the monthly chart, below, we can see the last two decades have amounted to a massive holding pattern for Kohl's, as the department store never gave up the ground of the 1980s/1990s bull run that JWN M did.  

At the moment, KSS is bull-flagging on the monthly, as is highlighted. $70 is the obvious, major hurdle to clear to set in motion a monstrosity of a two-decade base breakout. 

But any moves up towards $67 make for an actionable long setup, particularly after earnings in a few weeks.