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orkhanrustamov
Jan 28, 2023 4:49 PM

Ralph Lauren Long

Ralph Lauren CorporationNYSE

Description

I am bullish on this stock there are some reasons for it. As I see there is a nice uptrend as moving averages supported it. this week stock tested its 20 EMA and did not break it down. I guess as soon as the price stay above moving averages it could bounce up.

Trade closed: target reached

I am out of RL at this level. there could be some double-top pattern. best to bank profits
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