Technically, the security fell sharply for several weeks. This fall has lead Five Below towards the USD 31.6 support area, which has initiate a technical rebound. The target of this bullish trend is, in the first time, the USD 34.6 resistance. Even though moving averages are still in a bearish trend, the oversold situation could encourage a renewed interest in Five Below.
Considering technical and fundamental elements, it seems to be an appropriate timing to immediately open a long position in Five Below in order to benefit from the USD 31.6 support area. A first target price will be the USD 34.6 resistance, ie a potential of 6%. A stop loss order will be placed under the mid-term support currently tested. Only a crossing of USD 34.6 would validate a bullish trend in order to aim a higher target price.
Five Below, Inc. is a specialty value retailer offering merchandise targeted at the tween and teen demographic. Its assortment of products, including select brands and licensed merchandise. It is engaged in offering a group of products, including leisure, fashion and home, and snack and seasonal. Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, arts and crafts, and party. Fashion and home include items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Snack and seasonal include items, such as seasonal goods, greeting cards, candy and other snacks, and beverages. It also offers its merchandise on the Internet, through its fivebelow.com e-commerce Website, offering home delivery and the option to buy online and pick up in store. It also sells its merchandise through on-demand third-party delivery services to enable its customers to shop online and receive convenient delivery.
FIVE BELOW, INC. 
