RedHotStocks

Coty on verge of breaking resistance

Long
NYSE:COTY   Coty Inc.
Target price $15.25 but a lot of resistance to get to that region.
Entry level above immediate monthly resistance $13.40.
The stock has quite a high interest of 11.78% .
Coty, Inc. engages in the manufacture, market, sale, and distribution of branded beauty products. It operates through the following segments: Consumer Beauty, Luxury, and Professional Beauty. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care, and mass fragrances. The Luxury segment comprises of prestige fragrances, premium skincare, and premium cosmetics. The Professional Beauty segment consists hair and nail care products for salon professionals. The company was founded by Francois Coty in 1904 and is headquartered in New York, NY.

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