Analysts used to gauge iPhone sales by the length of the line at Apple stores. General opinion and uninformed individuals are doing the same for RL, regarding in-store sales. Supply chain efficiencies improved significantly, YOY, revenue from online sales overseas is most robust it has ever been, and domestic transactions in America are strong online. If iPhone sales in Apple stores were still gauged this way, Apple would be one-quarter of the value it is today. Shorts about to get burned. Also, if you want to trust "top" opinions on trading view, regarding the massive short on RL by Allen Masters, be my guest. Promoting his business based in Pakistan is none of my business. He made his prediction of his short, based on the momentum of RL post-earnings. Anyone trading for 1 hour, would understand that short position, on 24-48 hour time frame. Good luck with shorting RL, and quite frankly, if you want to raise funds for your margin call when you're done, please refer to the link below:
gofundme.com
RL
XRT
ETSY
WMT
KSS
NYSE:KORS
TPR
NASDAQ:MTSL
https://www.wsj.com/articles/ralph-lauren-is-back-in-fashion-1541525210
https://www.wsj.com/articles/ralph-lauren-wants-people-to-feel-good-about-their-country-1541592034
http://www.marketwatch.com/story/retailers-are-hot-again-here-are-the-earnings-and-sales-winners-2018-08-23
gofundme.com
RL
XRT
ETSY
WMT
KSS
NYSE:KORS
TPR
NASDAQ:MTSL https://www.wsj.com/articles/ralph-lauren-is-back-in-fashion-1541525210
https://www.wsj.com/articles/ralph-lauren-wants-people-to-feel-good-about-their-country-1541592034
http://www.marketwatch.com/story/retailers-are-hot-again-here-are-the-earnings-and-sales-winners-2018-08-23