ASOS has clearly done well during the first half of 2020 driven by the increase in consumer online purchases. With these trends set to continue, ASOS is in a prime position to take advantage of online spending coming into the summer months.
With first Q earnings towards the end of July, I expect a steady rise in the price to around 4086 over the next month. Providing we don't get a global second wave of course.
With first Q earnings towards the end of July, I expect a steady rise in the price to around 4086 over the next month. Providing we don't get a global second wave of course.