Long Position on DDS @ $86.00 on 11/23/2012 (Momentum)

Dillard's, Inc. (DDS) operates as fashion apparel, cosmetics, and home furnishing retailer in the United States. The company offers fashion apparel for women, men, and children, as well as accessories and other consumer goods.

Its merchandise selections comprise lines of brand merchandise, such as Antonio Melani, Gianni Bini, Roundtree & Yorke, and Daniel Cremieux. It also sells its merchandise on-line through its Web site, dillards.com.

In addition, the company operates as a general contracting construction company.  CDI Contractors, LLC and CDI Contractors, Inc. (CDI), whose business includes constructing and remodeling stores for the Company.

As of January 28, 2012, it operated 304 retail department stores located primarily in the southwest, southeast, and midwest regions of the United States.

The Company’s stores are located in suburban shopping malls and open-air centers.  It operates retail department stores located primarily in the southwest, southeast and midwest regions of the United States.Iits stores are located in 29 states. GE Consumer Finance (GE) owns and manages Dillard's credit cards (proprietary cards) under a long-term marketing and servicing alliance (Alliance).

Shares have formed a bullish "cup and handle" and higher prices are expected for the stock.

52-Week Trading Range:   $42.54 - $86.71

Last Trade:  $86.00

Stop Loss:  $81.70

Target Price:  $94.60

Position closed on 12/31/2012 at price of $83.19 with a -3.27% loss in 38 days.

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