Long Position on LE @ $35.21 on 7/15/2014 (Momentum)

Lands’ End, Inc. (LE) operates as a multi-channel retailer primarily in the United States, Europe, and Asia.

The company operates through two segments, Direct and Retail.

It offers men’s, women’s, and kids’ apparel, outerwear, and swimwear; specialty apparel; accessories; footwear; and home products.

The company sells its products through e-commerce Websites, direct mail catalogs, phone, or in-store computer kiosks, as well as standalone and dedicated stores. 

Please note that this is a new IPO. Shares began trading publicly in the Spring of this year. Since then, shares have formed a bullish "flag" and higher share prices are expected for this stock. 

52-Week Trading Range: $

Entry Point: $35.21

Stop Loss: $33.45

Target Price: $38.73

Updates

8/19/2014 12:23:06 PM

Closing LE at $35.80 after its 30-days expired without reaching our target price.

Position closed on 8/19/2014 at price of $35.80 with a 1.68% gain in 35 days.

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