FOSL has been in a downtrend since June 2021, when it reached a 52-week high of $6.08. The stock has formed a descending wedge pattern, which is a bullish reversal pattern that indicates a possible breakout to the upside. The stock has recently crossed above the resistance line of the wedge, which is a positive sign of a trend change. The stock has also formed a...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 3.34/61.80%
We've got a working trend line the price has nearly met, a nice little pocket of a wedge we're working to fill, a double bottom, and bottomed out fibonacci retracements... Might this be a good buy for a doubling or tripling of money, in the next year? This little wedge looks like it might take a number of more months to fill in, but aside from that? Of course.....
FOSL Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channels, Confluences - Hope it Helps, Good Luck
Fossil Group, Inc. designs, develops, markets and distributes consumer fashion accessories in the United States, Europe, Asia and internationally. The company offers its products under its proprietary brands, such as FOSSIL, SKAGEN, MICHELE; and under licensed brands, ARMANI and BMW. Revenue TTM 1.7B Net Income TTM 1.8M EBITDA TTM 139M Debt/EBITDA TTM 1.49x P/S...
Fosl is living on this 11.45 support. I’m super impressed how it held up here. Deep consolidation within these ranges. I’d be a buyer of that level unless of course it breaks. As long as it above 11.45 it’s a buy area ! Big targets for this thing when it finally rips out of this range
My buddy pointed this one out to me had me look at the chart, all I can see is a solid uptrend this thing likes to rip when it gets a nice bounce. It looks like it has a down trending resistance squeezing it against long-term support. It has a lot of support from ichumochi cloud at 1372 I feel this should be a pretty easy trade at least up to 1558 however if it...
IH&S implied move is first green line and C&H 2nd green line is 2nd PT. 9EMA coming up and ready to push this higher. GL
BREAKOUT STOCK ALERT UPDATE $FOSL - Fossil Group, Inc. - Common Stock Initial Alert Price: $10.13 Price High: $28.6 % Gains/Losses: 182.33% (+161.57% More Than Expected) Potential Stop Loss: $27.17 FOSL broke out to the $28.30 PriceLevels in today's trading session providing a 182.33% Returns on our initial trade alert on Jan. 12th. The stock retraced to the...
Not recommending buy or sell, Just an Idea,
Stock reclaimed the 20ma as support. Potential entry above resistance level Target $10.50