dchua1969

Can you possibly turn your sports hobby into your investment ?

Long
dchua1969 Updated   
NASDAQ:FOXF   Fox Factory Holding Corp.
I recently watched a video on that more and more people are ditching their cars and switching to
cycling to work and for weekend rides. Mind you, these are not your usual road bikes but premium ones that costs 5 figures and many are customised to fit to the owners!

It is also popular in India and I think the trend will gets stronger over time!

From the chart of one of the bike manufacturer, I think there is potential upside. Perhaps, a good way to improve our immunity system is through exercise and not let virus affects us easily. So, I think virus or not, this group of cycling enthusiasts are not going to rest on their laurels but continue their cycling journey...
Comment:
Nice gap up , hit the resistance at 76.81, now it is moving down to close the gap. Still in a bullish trend. If you want to buy, wait
Comment:
praise the lord
Comment:
Support at 76 price level was pretty strong as we witnessed several times the price action revisited it before it went up again, offering late buyers opportunity to catch it and short term sellers to make a quick profit on its way down as well
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