Coty is number #1 in fragrances, owns best selling brands Calvin Klein, Gucci, Hugo Boss, Burberry, Chloe, Marc Jacobs, Lacoste, Davidoff etc. Sales have moved online in recent months. Retail shops are now reopening in both Europe and US.
Please note: just sharing my view. its not a recommendation for buying or selling
We are seeing a great entry point for NYSE:COTY . The company has been hit by the current crisis and the stock has plunged after the Earnings Report released this Monday 5/11. Investors have left their positions due to concerns around financial conditions, bad results and dividends on hold. Currently, the stock is on its historical lows, which makes it a great...
Did not fully work as planned on first recommendation, as price continued to consolidate in what appears as major bullish flag. But today on earnings release, we finally got strong follow through. Still needs to clear resistances ahead, but overall looks promising as a major turnaround play this year.
For a very long period of time NYSE:COTY was a troubled company with deteriorating fundamentals. However, right now, it is trying to transform itself and improve both financials and position in the market. Top management really believes in turnaround, insiders purchased around $100 million in stock last year!!! And now it looks like stock might be finally...
The stock gapped up on October 21st & created a bull flag pattern. It broke out of this flag pattern on November 6th on an earnings announcement. The former resistance line of the flag pattern looks to have become support as the stock price is trying to move back up from this level. Price target levels are noted on the chart.
COTY together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. The company operates in three segments: Luxury, Consumer Beauty, and Professional Beauty and has $9.49B market cap. Recently they bought 51% stake in Kylie Cosmetics, Kylie Jenner’s beauty company. Stock expected to continue rising. Downtrend line tested...
COTY Bounce from the level, entry after confirmation
I think Coty will targets 11.50 but there is no chance to buy it because the correct stop loss is more greater than the target so Forget it and If you are buying from a good price close your trade @ 11.50
I believe there are signs of a bearish move overall so I am looking for those rare long opportunities. And here is one of them: COTY has been declining to its historic low and it is on the move up. Entry: 14 USD TP1: 18.5 SL: 12.85 This is a 1:4 risk ratio trade. It is not a big win, but it is a curated win in a volatile stock market looking to turn bearish. Do...
Just broke MACD with a nice uptrend. Has nice volume coming into it should see it around $19 soon.
COTY Testing Old Highs Color Green Number 7
COTY Swing Up Postioned To Make New High Color Green Number 7
COTY Swing Up Testing Old Highs Color Green Number 3
I bought NYSE:COTY two weeks ago at $18 and sold it after it formed a hammer around $20. Now, bought it again at the close when it formed a doji, I think it has a good chance of going back to $20 or $21.50 again, lets see.
We are at the end of correction in wave C of (X) before the strong upside reversal in wave (Y) of ((X)).