I saw bullish divergence on the MACD and RSI. I could be wrong on this stock. But just watch how it move from here. Should be pretty interesting.
Shares of Ralph Lauren Corp (NYSE:RL) are looking bullish after the stock bounced off its 52 week lows and has since began to consolidate in a bullish flag pattern. The stock has been beaten harshly off its highs, down from $114.00 to $78.19. Based on the current chart setup, Ralph Lauren is a strong buy with an upside target to $87.40. Ralph Lauren Corp will...
Will catch at 200 EMA on the monthly. Good earnings beat yet a gap down.
RL bounced off 200dma and rising trendline. Good R/R to go long with a stop below 96. RSI is showing bullish divergence as well. MACD curling up too.
Earlier this month RL broke down below recent support and beyond the consolidation zone where price has been trading since mid-2013. The downtrend began to develop a few days after the earnings announcement on 4th February. Throughout the majority of February price has been trading between the lows of 2014 and 2012 - with 2012 acting as support and 2014 as...
Just got an upgrade. Go to Benzinga.com for more details. Or you can ask me too here on TradingView. Sincerely, Beauty. I am covering this name during Fashion Week NYC.
September 2013 Architectural Digest cover is all about Ralph Lauren and the majestic spread is resplendent; truly. Earnings may present a miss however if there is one such home furnishing maker it will be Ralph Lauren Home that will showcase profits. Sincerely, Beauty