L Brands, Inc. (LB) – Buy Price: $66.00 or better

Buy Price: $66.00 or better
Sell Price: TradersPro Sell Signal

L Brands, Inc. operates as a retailer of home fragrance products, body care products, soaps and sanitizers, women’s intimate and other apparel, and personal and beauty care products. It operates in two segments, Bath & Body Works and Victoria’s Secret. The Bath & Body Works segment sells body care, home fragrance products, soaps, and sanitizers under the Bath & Body Works, White Barn, C.O. Bigelow, and other brand names. This segment operates approximately 1,735 Bath & Body Works stores in the U.S. and Canada, as well as approximately 285 stores in 30 other countries operating under franchise, license, and wholesale arrangements; and online stores at BathandBodyWorks.com.

The stocks founds in the One Hot Stock category use stocks that are in long term, short term trends and are early in the buy signal trend. Suggested buy prices are listed with a price “or better”. Or better means anything lower than the buy price listed. (Learn about order types here). This is a confirmation strategy that waits for the stock to make a move then a trader enters the trend at specific prices. In many cases stocks that are in up trends tend to continue the overall trend direction and the prior trend is the path of least resistance. To learn more about trend following as well as reversal strategies you can go here.

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