Antonio_trader

Ralph Lauren Elliott wave view

NYSE:RL   Ralph Lauren Corporation
This is a weekly picture for RL. The stock has very nice technical moves allowing for some good risk-reward positions.
Currently in wave 3 of a bigger C down. expecting a rise back to 105 area before shorting again.

Good Luck!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.