Sometimes the Name Just Fits Perfectly

It is tough to conjure up a name of a firm more appropriate for the retail footwear bull run than "Shoe Carnival," but that is exactly what we have on our hands with SCVL. 

For a good while now, we have been tracking, trading, and profiling the strength in the footwear segment of retail plays  on this site and inside the service. 

SCVL, below on its daily chart, could easily be seen as one of the more overlooked gems as the technicals the last few months are particularly impressive from the bullish point of view. Note how price is basing tightly above all moving averages in a rather clean uptrend. 

Moreover, SCVL recently printed all-time highs last week, which is a claim we know most retail stocks cannot make these days. 

We will examine similarly impressive charts in my usual Midday Video for Members, coming up.