Today's Technical View on Tiffany & Co., Signet Jewelers, Ascena Retail Group, and Nordstrom

Today's Technical View on Tiffany & Co., Signet Jewelers, Ascena Retail Group,
                                and Nordstrom

PR Newswire

LONDON, March 28, 2013

LONDON, March 28, 2013 /PRNewswire/ --

The most recent holiday season turned out to be disappointing for retailers as
consumers remained cautious amid uncertainty over the fiscal cliff issue.
Lawmakers signed a last-minute fiscal cliff deal at the start of this year.
Although the fiscal cliff deal led to the expiration of payroll tax cut,
retail sales in the U.S. in the first two months of 2013 have been solid. The
main reason behind this has been improving labor market. As labor market
continues to show signs of improvement, consumer spending is expected to rise.
This should benefit retailers such as Tiffany & Co. (NYSE: TIF), Signet
Jewelers Ltd. (NYSE: SIG), Ascena Retail Group Inc. (NASDAQ: ASNA), and
Nordstrom Inc. (NYSE: JWN). Retail stocks ended on a mixed note on Wednesday
as the broad market struggled amid renewed worries over the Eurozone.
StockCall initiated free in-depth technical analysis on TIF, SIG, ASNA, and
JWN which are currently available upon sign up at

http://www.stockcall.com/research

Tiffany & Co.'s shares fluctuated between gains and losses on Wednesday before
ending the day nearly flat. The stock closed 0.01% higher at $68.42 after
touching an intra-day high of $68.48. The company's shares have fallen more
than 1.10% this week. However, the stock's performance in 2013 has been
excellent. Year-to-date, the company's shares have gained nearly 20%, easily
outperforming the broad market. Its shares are currently facing stiff
resistance at around $70. The stock is currently trading well above its 50-day
and 200-day moving averages. Sign up for the free technical analysis on TIF at

http://www.StockCall.com/TIF032813.pdf

Signet Jewelers Ltd. shares edged higher in yesterday's trading session,
extending their gains for the week. The stock touched an intra-day high of
$63.58 before finishing the day 0.80% higher at $63.27. Signet's shares have
now gained nearly 1.30% this week. The stock is currently trading close to its
52-week high of $63.98. Its shares, however, are facing stiff resistance at
around $64. The stock is currently trading above its 50-day and 200-day moving
averages. The stock's MACD has recently crossed above the signal line and is
also trading above the zero-line, which indicates that market sentiment is
bullish. Download the free report on SIG by registering at

http://www.StockCall.com/SIG032813.pdf

Ascena Retail Group Inc.'s shares edged lower on Wednesday, extending their
losses for the week. The stock closed 0.81% lower at $18.34, taking its losses
for the week to over 1.60%. Ascena Retail's shares have seen a series of lows
over the past few trading sessions, which is a bearish signal. The stock's
MACD has also crossed below the signal line, which further confirms the
bearish trend. Its shares currently have support at around $18. The free
report on ASNA can be downloaded by signing up now at

http://www.StockCall.com/ASNA032813.pdf

Nordstrom Inc.'s shares rose in trading yesterday, extending their gains for
the week. The stock ended the day 0.41% higher at $54.50 after touching an
intra-day high of $54.56. The stock has now gained more than 2.20% this week.
Its shares have also crossed their 50-day moving average as a result of the
sharp rise this week. This is a bullish signal. The upbeat trend is further
confirmed by the stock's MACD chart. The MACD has just crossed above the
signal line. Free report on JWN can be accessed by registering at

http://www.StockCall.com/JWN032813.pdf

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