Bullishcharts
Long

$RL Much more Upside potential In Ralph Lauren.

NYSE:RL   RALPH LAUREN CORP
Having missed this stage of the recovery , a safe entry level would be on the break of the well defined downtrend.
RSi and MACD are turning very bullish and a cross above the zero line would be very positive for the stock and a buy signal.
P/E ratio 20. Reasonable.
Short interest of 9% under some pressure.
Company profile
Ralph Lauren Corp . engages in the design, marketing and distribution of premium lifestyle products. The firm offers apparel, accessories, home furnishings, and other licensed product. It operates through the following segments: North America, Europe, and Asia. The North America segment consists of sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in the U.S. and Canada, excluding Club Monaco. The Europe segment caters to sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in Europe and the Middle East, excluding Club Monaco. The Asia segment covers the sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in Asia, Australia, and New Zealand. The company was founded by Ralph Lauren in 1967 and is headquartered in New York , NY
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