TLB - Sector: Services --- Industry: Retail -Apparel-

[setravis]

Profile:  

 
The Talbots Inc.
One Talbots Drive
Hingham, MA 02043
United States - Map
Phone: 781-749-7600
Fax: 781-741-4369
Web Site: http://www.talbots.com

DETAILS  
Index Membership: N/A
Sector: Services
Industry: Apparel Stores
Full Time Employees: 4,200


BUSINESS SUMMARY  
The Talbots, Inc., together with its subsidiaries, operates as a specialty retailer and direct marketer of women's apparel, shoes, and accessories. It offers classic sportswear, casual wear, dresses, coats, sweaters, accessories, and shoes in misses, petites, woman, and woman petite sizes. The company also markets its products online through its Web site at talbots.com, as well as through various catalogs. As of January 31, 2009, it operated 587 stores under the Talbots brand name in the United States, the District of Columbia, and Canada. The company was founded in 1947 and is based in Hingham, Massachusetts. The Talbots, Inc. is a subsidiary of AEON (U.S.A.), Inc.

[setravis]

Double Bottom (Reversal) Pattern...

The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.

Although there can be variations, the classic double bottom usually marks an intermediate or long-term change in trend. Many potential double bottoms can form along the way down, but until key resistance is broken, a reversal cannot be confirmed.

It is important to remember that the double bottom is an intermediate to long-term reversal pattern that will not form in a few days. Even though formation in a few weeks is possible, it is preferable to have at least 4 weeks between lows. Bottoms usually take longer than tops to form and patience can often be a virtue. Give the pattern time to develop and look for the proper clues. The advance off of the first trough should be 10-20%. The second trough should form a low within 3% of the previous low and volume on the ensuing advance should increase. Volume indicators such as Chaikin Money Flow, OBV and Accumulation/Distribution can be used to look for signs of buying pressure. Just as with the double top, it is paramount to wait for the resistance breakout. The formation is not complete until the previous reaction high is taken out.

52wk Range: 1.19 - 17.97
Volume: 3,017,254
Avg Vol (3m): 856,280

Technicals
Percentage Gainer

Last Price Quote is:
38.39%above 13-day MA
82.33%above 50-day MA
RS Rating: 92 

Fundamentals
Key Data:
Market Cap (M): $277.07 
P/E Ratio: 133.62 
PEG Ratio: -0.206667 
Next Earnings: 08/26/2009
Last Analyst Rating: Mkt Perform

[setravis]

Also refer to this post for further insight...
Located in Personal Logs---One-Stop Shopping (setravis)
http://www.3stocksonfire.org/trading/index.php?topic=7100.msg119202#msg119202

A double bottom is one of the most recognizable chart patterns. It typically resembles a "W" and forms after a downtrend. A double bottom forms as part of a consolidation process, in which one group of traders is liquidating a position as another group is accumulating. Typically, the left side of the W is formed as part of a larger downtrend. Once that low is set, the stock bounces higher before coming back to retest the first low. If the retest is successful, the chart begins to look like a "W". Once the "W" is formed, the stock must clear the neckline, which is typically in line with the center peak of the "W". It is important to note that a double bottom is not valid until the price closes above the neckline.


Good trading to all
My fellow 3SOF Members  

[setravis]

Talbots, Wowjoint Holdings: Biggest Price Gainers (TLB, BWOW)

Talbots Inc. topped the list of Biggest Percentage Price Gainers among common stocks on the New York Stock Exchange at the close.

Wowjoint Holdings Ltd. topped the list of Biggest Percentage Price Gainers among common stocks on the Nasdaq Stock Market.

52wk Range: 6.28 - 17.79
Volume: 5,821,815
Avg Vol (3m): 2,729,670


Technicals
Close Above the 50-day MA
Close Above the 13-day MA
Percentage Gainer

Last Price Quote is:
5.74%above 13-day MA
7.96%above 50-day MA
RS Rating: 64