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Bargain Retail Stock Due for a Rebound
OLLIOllie's Bargain Outlet (OLLI) Schaeffers Investment Research·2025-01-14 19:35

Discount retail stock Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) has been on an extended descent since its Dec. 20, three-year high of $120.00. Down 1.3% at $99.93 at last glance, the stock is headed for its ninth loss in the last 11 sessions. The 126-day moving average, which represents half a year's worth of trading, appears to be providing support today, however. And given it's history as a bullish trendline for the stock, it could soon provide OLLI with a jumping off point. Per Schaeffer's Senior ...