Analyzing the options chain of RL Ralph Lauren Corporation prior to the earnings report this week,
I would consider purchasing the 100usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $8.30
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read...
Easy setup for a quick trade, it's an ending diagonal + abc below the structure.
You get the Fibonacci retracement tool there and go for 618 retracement as entrance, and -0.272 | -0.618 profit levels.
Just try this in the past and see it for yourself: how many times does this combination of behavior has happened before?
Hello, I'm Lito.
I've been studying the...
Looking long with potential target of $180 then potentially $230. Since launch Ralph has been in a bullish trend. A worldwide well recognised brand that performs well through all seasons and market conditions. However, COVID being a complete different disaster has had an effect on consumer trends and even eliminates the option for consumers to visit stores....
If RALPH LAUREN CORPORATION (RL) closes the month below 123.81, we will likely see a 30% drop. The probabilities of this happening are very high since bearish divergence is already showing up on the RSI (magenta line).
Expect RALPH LAUREN CORPORATION to crash hard in the coming months.
Other signals in shorter time frames validate the incoming crash. Time to...
