Shares of Ralph Lauren Corp (NYSE:RL) are looking bullish after the stock bounced off its 52 week lows and has since began to consolidate in a bullish flag pattern. The stock has been beaten harshly off its highs, down from $114.00 to $78.19. Based on the current chart setup, Ralph Lauren is a strong buy with an upside target to $87.40. Ralph Lauren Corp will remain a strong buy as long as it does not trade through the 52 week lows of $75.62.
Stock market chart analysis on shares of Ralph Lauren Corp
Stock market chart analysis on shares of Ralph Lauren Corp