NYSE:MOV   Movado Group Inc
In this company i observed these prices using fibo.tools :
- using Fib.Retracement (Daily mainframe) at 17.8$ , theres a good sign at level 23.6%
- using Fib. Auxiliary Retracement at 17.8$ we have an key level.
- using the Fib.projection at 18.5$ we have another good key level
- using Fib.Extension 1 . another key level using this tools i observed at level 161.80% at price 18.5$

Go back a little and take a look at the financial models the fair value of the company in three different case :
Bearish case 40 .6$
Normal case 58.12$
Bullish case 58.81$

The price may meet the 17.8-19.00$ for the long term .
*** my transaction will be for the short term ,
Stop loss 8.90$
take profit 12.90$

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