True Religion Apparel is technically poised for a bounce. Anecdotal checks of inventory show little discounting which leads me to believe that XMAS season went well. The high-end consumer seems to have fared better than the lower-end demographics. Catalyst. The company will be presenting Wed at the Annual ICRX Change conference after the market closes on Wed. Could be a good bounce or more importantly a run-up into the conference in anticipation.
