Carphone Warehouse..

[jcgb]

I've been following this stock for a while and I wondered what others thought about this stock. It seems to have been doing well for a while but looks like it is beginning to slide out of its upwards direction (I personally call this non-technical analysis ).

Can anyone shed any light on this from a charting point of view and also a financial analysis point of view. I am long in this at the moment and think I should get out (very close to my stop) but feel it is still a good long term play. Any views on the short and medium term for this????

Thanks

JB

 

[Russ18uk]

Sliding downwards probably because Q1 for most retail sectors is worse than Q4, so there's probably profit-taking going on.
Good thing about CW is that people are always buying mobile phones and other gadgets for that area.