TPR trade ideas
👜💼 Tapestry (TPR) - Amazon Deal and Growth Strategies! 📈💡📊 Analysis:
Amazon Deal: Tapestry's groundbreaking deal with Amazon to sell Coach bags.
Acquisition: Planned acquisition of Capri Holdings for $8.5 billion.
Revenue Growth: Record revenue and anticipated stable long-term growth.
📈 Bullish Sentiment:
Entry: Suggested entry above the $39.00-$40.00 range.
Upside Target: Aiming for an upside in the $66.00-$68.00 range.
🌐 Note: Monitor market trends and company developments! 🚀📊 #Tapestry #StockAnalysis #AmazonDeal 🛍💰
Swing Trading Signals, Momentum Patterns: TPRLuxury fashion brands are popular for speculation heading into the holidays.
With a few points to the bottom completion resistance, NYSE:TPR has a swing trading entry signal, 2 in a row now. Resting days that create a narrow consolidation can be powerful momentum-building patterns for short-term trading.
Swing trading, rather than day trading, these setups can net better profits. Position trading needs to wait for a stronger support level to build for an entry, which usually occurs when the bottom formation completes.
Tapestry Inc Inverted H&STapestry Inc is testing the neckline of an inverted head and should pattern with price above all MAs(8,21,34,50,100,200) and all MAs in bullish order. This indicates a bullish price trend.
The lower PPO indicator show the green PPO line rising and above the purple signal line indicating short-term bullish momentum. Both lines trending above the 0 level indicates intermediate to long-term bullish momentum.
The lower TDI indicator shows the green RSI line recently crossing and holding above the 60 level indicating a short-term bullish trend. The green RSI line is above a rising purple signal line and currently trading outside of the upper Bollinger Band. In general, you want to stay long when price is above the upper band, but caution is warranted as price tends to correct when the RSI line crossed back below the upper band. The overall trend in RSI is between the 40-80 levels which indicates intermediate to long-term bullish price trend.
Assuming that price breaks above the neckline and closes and opens near the $46 level, a measured move from the head to neckline is $7 gives us a projected target near $53.
My buy price for this trade is $44.41.
My stop-loss(SL) is at $41.11.
My max risk/loss on this trade is roughly -7.5%.
Potential gain is +15%.
On any given trade my position size is based on a max loss that can be no more than 1% of my total portfolio value which determines my trade size. I might lose -7.5% on this trade, but that loss would not exceed 1% of my total portfolio.
$TPRNYSE:TPR breaking above falling resistance line. Will continue to see how this closes above trend, and possibly makes a short-term retest before moving higher.
Tapestry ShortTapestry Inc. common stock prices fall as Barclays downgrades amid increased promotions. I am bearish on TPR.
My trade levels are as follows:
Entry price: $43.71
Take profit: $39.97
Stop loss: $44.98
Risk/reward: 2.94
Short TPR Frozen rope extremely extendedFrozen rope short.
Up 18 days in a row, extremely extended. RSI at extreme
Up 40% since last earning.
target 1: 21 EMA for 1/3
target 2: prev base high for 1/3
trailer 1/3
Tapestry - challenging MA200 right nowSign of Reversal to bullish trend
- Candlesticks challenging MA200 , possible to stay above it
- If we take a look at ichimoku indicator, candlesticks moving above cloud & lagging span moving above candle sticks (Signs of bullish trend)
-Retracement line R3 retrace approximately 0.78fib of Line C, stronger than R2 retracement 0.6fib
-Downtrend line c which form Lower low (LL3) has smaller magnitude but higher downtrend momentum (mixed)
Bulk of the traded volume for past 650 days is between 27 to 34. Serving as a support area.
If candlesticks fail to stay above MA200, look for support within ichimoku cloud . Wait for reversal pattern such as double bottom , follow with high trading (vertical green) volume to signify support.
TPR ShortShorting TPR here. Weak market, seems to be trading higher with LULU. Dont think it will last long
TPR LongAdjusted Earnings Growth Rate about 14.74% with Blended P/E of 11.31.
Normal P/E is 20.35, forecasts are decently accurate and expect future 10-15% growth YoY. EPS Yld is 8%.
I think Tapestry is a steal here. 2.70% dividend that doesn't necessarily grow, but it is well covered by cash flow.
Owns Coach, Spade, Weitzman.
Consistent 15% growth puts the company at $100 valuation by 2027 at a P/E of 15 and EPS of 6.87. Obviously, they probably won't be able to maintain that. I still see growth though.
Undervalued Stock Series #1 : TPRSeveral DCF valuations have suggested that the current price is on average 35% under the fair price.
On the technicals, price is trading above the 100-200 EMA cloud and have broken recent price structures. It is not a buy just yet. I will wait if price makes quick correction to $42-42.50 and see if we can get a bounce from there. Who knows this recent rally this month is just a Bull trap.
This under-appreciated consumer brand is popping with Gen Z'ersDumb Money Says : This under-appreciated consumer brand is popping with millennial and Gen Z'ers consumers. Could be one of our biggest consumer apparel bets of the Summer. Check their Youtube for the reason why...
But Wait.. this chart seems to be on a downward move. I like the set up but I think they may be a better price ahead if you're patient. I would like to wait for the 3rd touch on the right side of the Arc or wait for it to touch the 50 week moving average around $32-$34 ish,
Or just traded it now like Chris from Dumb Money's $3 Million Dollar bet!
I will watch this and eventually take a position. Good Luck!
US Stock In Play: $TPR (Tapestry Inc)$TPR 5 months Line in the Sand resistance level. looking for entry at $41.55; position sizing my stop at $38.20 level
Buy TPR 16/9/2021Stock above EXMA 200 and still in uptrend and Trading volumes increase with rises and Stock is making higher low So you can buy target 48.9 stop losses 37.4 Good luck
$TPR High volatility High MFI closed at 46.56 +/- 20 % Move!Its uptrend since a few months , possible double tops pattern and at same time bullish breakout patterns too . it could move +/- 20% with high Money flow, the big swing is more likely! Upper targets: 51-57-58 Lower targets 38 -33.8
Is Tapestry Set To Cool Off?Six of my algorithms signaled a SELL on April 13, 2021 for TPR on the 2 Hour charts. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. Since the signal occurred at the open, the continued upward movement appears to have already hit the mark. This could mean it does not move higher until it find my projected target box (green inside green) at the bottom of the chart. Ultimately the brief drop is temporary and could setup another great dip buying opportunity.
I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a percentage standpoint, that this stock has moved on the 2 Hour chart after a SELL signal occurred. Therefore, this box represents 100% of previous movement upward before the stock finally moved downward. The smaller red box represents 50% of all historical movement upward, before the stock moved downward. The smaller box is more of a precise target for the potential top in this instance.
The green boxes represent the same thing. In this instance, the smaller green box would be my projected target for the final bottom.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
All statistics and the full analysis are available for free as always at the site below.
$TPR #Tapestry - fashion brand Bullish!$TPR #Tapestry!
1D Chart of my wife's favourite fashion #stock - they own #Coach & #KateSpade!
Concept: Use profits earned from capital appreciation in this stock to buy more Coach and Kate Spade products!
CHARTS:
- 1st SuperTrend BUY triggered.
- #VCCB candle - Olive green! (Indicates Strong buying volume >100% but <150% of its average 21Days.
- Look at Fib levels for possible targets.
- RS line curling up ( RS = Relative Strength ). Take note this is totally different from RSI ( Relative Strength Index ). We use RS to measure if an asset is outperforming a benchmark. The SPY is used as benchmark for this chart example. A Green RS line that is sloping upwards generally indicates the asset has stronger strength (outperforming the benchmark).
💡IMPORTANT DISCLAIMER: All Information, Commentaries and Opinions shared in this group are purely for educational and entertainment purposes and ARE NOT recommendations to buy or sell any stock, security, or asset. Please do your own research and due diligence, and exercise your own discretion for all trading and investment decisions.
US Stock In Play: $TPR (Tapestry Inc)$TPR posted a weekly gain of +6.79% to close at it’s 52-weeks high at $42.14. The price acceleration was induced by a technical breakout of a Bullish Wedge chart pattern along with its 4 months trend channel, that was broken out with an 28.6% increment in its daily average volume.
At the current junction, $TPR immediate classical resistance level is at $45 which was last traded in October 2018. Any upcoming correction for $TPR not exceeding below $38.40 will ensue its technical strength for a further mid-term rally.
$TPR provides luxury accessories and branded lifestyle products through three major brands (Coach, Kate Spade, and Stuart Weitzman.) in the United States, Japan, Greater China, Other Asia, and internationally.
Window ClosedBy closing the window opened on January 26th we arrived back into the sideward January channel. A test of its top may be next.
Coach it Forward | Long TPR- 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
TASPESTRY Offer Hey guys, TASPESTRY is in a bullish dynamic with a marubozu and a high volume of purchases issued. In TIMEFRAME M1 we see an upside down hammer candle with a large purchase volume, it is in full breakage of the base of the bollinger. To go on its last low and make a turnaround. TAPESTRY will re-test the highest starting on the VWAP in order to break it and come again to test the top of the consolidation zone. Great possibility of breaking out the price with its momentum at the same time for the zone to arrive on the second zone and to put on the next high.
It starts at the top of a consolidation zone for test then breakout before adjustment (on TIMEFRAME H4, H1). After reaching the high point on TIMEFRAME D1 similar excess of TIMEFRAME H1 for filling a bearish breakout gap. Next last previous higher TIMEFRAME H4 + excess TIMEFRAME H1 end up testing the top of the bullish channel symbolic number of 37.00
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TPR - daily chart The ADX gave an overbought signal at a potential reversal zone around 28.00
Recommend to sell
T1 21.00
T2 16.70
SL closing up 30.50
