DSW has been making a strong recovery since hitting a low just above $15.00 a share in August 2018. It has been sliding since retreating from the high of 47.55 in 2013. The Amazon effect has run its course for now, and it looks like DSW is making a recovery. DSW Weekly(click to enlarge)Review of the Bearish Trend:- They weekly chart shows DSW in 3 main steps.1) The late 2013-2014 slide was a sharp one2) The 2015 dip was a sharp one3) the dip started to become choppy in 2016 and into 2017.Bottom?- 2017 price action held mostly under $22.20, which became a key resistance.- Note that in late 2017, price started to make a higher low at $18 instead of around $16.- After testing $22.20 area as resistance, price finally made a clear break during late April and the first week of May. - This suggests that DSW has transitioned from sharp dips, to choppy slide, to a completed price bottom.- DSW also cracked a falling trendline after closing above $23 last week.- At this point, if price can hold above $20 a share, I think there is at least upside to the $26-$26.30 resistance area from 2016. - A break above that opens up the $30 handle, and we should limit our bullish outlook to this mark for now.