BH42

ASOS pushing higher - to July earnings report

Long
LSE:ASC   ASOS PLC ORD 3.5P
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.