- Strong momentum from the coach brand
- China penetration and ecommerce growth
- 40% of stores are outlets in outdoor retail settings that have seen more foot traffic than enclosed malls
- Expecting 5th impulse wave to extend to long term descending trendline at $45
- Could see pullback to the 40MA
- No position yet, stock is on close watch
- China penetration and ecommerce growth
- 40% of stores are outlets in outdoor retail settings that have seen more foot traffic than enclosed malls
- Expecting 5th impulse wave to extend to long term descending trendline at $45
- Could see pullback to the 40MA
- No position yet, stock is on close watch