This is a weekly picture for RL. The stock has very nice technical moves allowing for some good risk-reward positions. Currently in wave 3 of a bigger C down. expecting a rise back to 105 area before shorting again. Good Luck!
RL has been rejecting near the bottom of the cloud for the past couple of days, and it just broke past the moving averages. We see it breaking through the top purple line, which has been acting as a support/resistance level dating back since 2010. I think it will move down to ~$84.90 which is where we have been seeing resistance/support action since 2/10/16, and...
$RL weakness rising once again. If trade talks begin to break down then the retail sector may feel the brunt of it! Possible $9+ Move to the downside. #stockstowatch #stockstotrade #stocks
Price still going up, so keeping the longs. Now as daily reaches overbought, expecting a pullback in price, best would be a retest of the recent broken zone, where we could buy again, looking at the smaller time frame. Good Luck!
Price gap above 10 day EMA with Vortex Indicator confirming change in trend to bullish side.
As part of SP500, company has a market cap of $6.8B. Price target for banks and investment funds ranges from $98 to $150. Year on year stock lost. 34.52%. 4 hour chart shows it could be forming double bottom at the weekly support buy zone (see in the comments). Could be good for a long here with great risk-reward. Today US session opens after bank holiday and...
No value for long-term investment
Luxury retail sales have had a very good start to 2019 after a horrid end to 2018, consumer confidence improved greatly but that may change very quickly as Trade disputes and Brexit still hang over the market. We expect a good report tomorrow, but are wary of negative commentary and Dollar strength has been a recurrent theme throughout earnings season. We see...
RL, D1: Resistance zone + Shooting star candle pattern + Overbought + Divergence on RSI(14).
Mirror level on D1 + Overbought + Divergence on RSI(14) on H1.
Analysts used to gauge iPhone sales by the length of the line at Apple stores. General opinion and uninformed individuals are doing the same for RL, regarding in-store sales. Supply chain efficiencies improved significantly, YOY, revenue from online sales overseas is most robust it has ever been, and domestic transactions in America are strong online. If iPhone...
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...
higher time frame shows defined downtrend pulling back after strong impulse move mid time frame shows uptrend weakening and mature looking for a breakdown with negative momentum and negative volume pressure lower time frame is working bottom of base- worth monitoring for possible false breakdown and continuing consolidation breakdown of support level of 71.3x...
RL should run on a bullish run then turn over near the 97.26 price and continue on it's bearish trend.
I see RL taking a short-term bullish swing then rolling over back to continue it's bearish run.