Would love to get another shot at this under 19.00. Putting in lower
highs in the channel from gap down. I get the feeling this has plenty
of room to move up toward 21 if it gets out of channel to topside.
Stop would be under bottom channel line.
I bought NYSE:COTY two weeks ago at $18 and sold it after it formed a hammer around $20. Now, bought it again at the close when it formed a doji, I think it has a good chance of going back to $20 or $21.50 again, lets see.
When beauty brands make it to market I can't help but me happy. This release will be a fun one to follow as the market pulls back. In part due to the reputation of the world of beauty as an outlet for joy. Congratulations to the team at Coty. Sincerely, Beauty