Five Below-Signal: Retail Stock Could Extend Rebound

Shares of Five Below Inc (NASDAQ:FIVE) are up 5% at $101.88 at last look today, rebounding from last week's 11.1% drop, its worst weekly percentage loss since June. There could be even more room for FIVE to run, if past is precedent, with the retail stock testing a historically bullish trendline. The stock's recent pullback breached$ 100, a psychologically-significant pivot point in the last month of the year. Plus, per Schaeffer's Senior Quantitative Analyst Rock White, FIVE is within striking distance of ...