I've placed a limit buy in this market because:
the long-term descending trendline was been broken
we have a bullish seasonality for Adidas
the price has broken above the 30's SMA
the price has broken above the prior swing high
the price has formed now a sequence of higher highs and higher lows (= bullish trend)
Weekly breakout of the decending trendline ahead
bullish seasonality
supported by the 200's SMA
the price has made already the higher low - just needs to get to an higher high
Technicals
We're now at the 38.2 % Fib retracement, which would be an excellent correction in a bullish trend.
We have been in the big picture for over ten years in a bullish trend. So the underlying trend may continue.
Concerning the last 15 years, we have a robust bullish seasonality in Domino's Pizza. From the 24th of Feb until the 12th of May, only one...
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RCI Hospitality Holdings offers brick and mortar stores that provide adult entertainment goods and services. They also have branched out into the online world.
As you may or may not know, adult toys are trending and are made of different materials, latex and silicone being the most popular. Latex and its precursors are harvested best in raining seasons, which...
