AlanSantana

RALPH LAUREN CORPORATION 30% Crash Incoming (Bearish Divergence)

Short
NYSE:RL   Ralph Lauren Corporation
If RALPH LAUREN CORPORATION (RL) closes the month below 123.81, we will likely see a 30% drop. The probabilities of this happening are very high since bearish divergence is already showing up on the RSI (magenta line).

Expect RALPH LAUREN CORPORATION to crash hard in the coming months.

Other signals in shorter time frames validate the incoming crash. Time to sell.

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