Hello investors,
In this report, we dissect the financial intricacies of a prominent stock, leaving no detail unexplored. From market capitalization and price-to-earnings ratio to revenue conversion and cash reserves, we analyze every facet to equip you with strategic insights. We'll go beyond the numbers and charts, painting a vivid picture of the company's...
Upon conducting a comprehensive analysis of the 4-hour price actions of MONC, a prominent 61-61.70 EUR major demand zone becomes apparent. Notably, the price has encountered robust rejection three times at this level, enhancing the support's credibility and accuracy. To further strengthen our insights, we have incorporated momentum oscillators such as the...
Moncler stock price to get a heavy pummelling down of the share price.
share price destruction risk of -38%
Investment funds can dump the stock with full power
The technical figure Pennant can be found in the Italian company Moncler (MONC.mi) at daily chart. Moncler is an Italian luxury fashion brand with French origin mostly known for its skiwear. The Pennant has broken through the support line on 02/04/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next...
Technical outlook:
Moncler S.p.A. (MONC.mi) daily chart. Moncler is an Italian luxury ski wear brand. Bought by Italian entrepreneur Remo Ruffini in 2003, who transformed, reinvented the near-bankrupt company which later was listed on the Milan Stock Exchange in 2013. In December 2020, Moncler purchased 100% stake of Italian luxury sportswear brand Stone Island...
With the chart stuck in a range and a bullish triangle in the lower time frame, I believe a breakout may be imminent. I also believe that an increase in consumer spending post lock down will benefit the luxury brand.
Moncler SpA (MONC - Italy) is in 3rd wave up of impulse sequence as its the part of 5th wave in daily time frame. It holds the invalidation line, to confirm the move up. In daily time frame it took sufficient time to complete 4th wave correction for next up move to wave 5 for new high.
Moncler is a SHORT trade.
Reasons: Widening out of Bollinger Bands with a clear Long black candle crossing below the lower BB on weekly chart.
Got confirmation from MACD indicator and RSI giving us indication of weakness.
1st target at 25 Euro.
See you soon guys,
Simone
Constantly low inventory, creates exclusiveness of product. Strong product awareness in the luxury sector.
Wish I invested more than 35 shares @ 25 a month or so ago.
