(Finance) – In sharp decline gap,which shows a -6.09%.
The apparel retailer closed the fourth quarter of 2022 with a red of 273 million dollars, equal to 75 cents compared to the loss of 16 million (4 cents) recorded in the same period of the previous year.
THE revenues they fell 6% to $4.24 billion and are below the consensus $4.36 billion.
The scenario on a weekly basis of gap, detects a loosening of the curve with respect to the force expressed by theS&P-500. This retreat could make the title subject to sales by operators.
The technical framework of gap, suggests an extension of the bearish line towards the floor at USD 10.43 with the ceiling represented by the 11.3 area. The forecasts are for an extension of the negative phase to the test of new lows identified at 9.99.