Bearish harmonic on a strong leel , a fat dump near critical support is possible
a breakdown below $6 is always a good short, especially the daily chart was looking sweet
But i really have to, sell to close, my PUTs at that bottom hope fully the flag is BEAR and this will drop but seriously , do U want a 1k purse , or , I phone
Fossil stock's 5-3 wave cycle seems to be complete, suggesting higher levels in the long-term from now on.
Possible short entry @18.81 5 cent difference on the stop limi order, stop loss1/4 above 02/28 candle.
Weekly chart has nice support around $15. FOSL gave no guidance for next year, basically saying it will make a $1 to trillion. I like this $15 level
Shares of Fossil Group Inc (NASDAQ:FOSL) have been caught, like every other brick and mortar retail company in some heavy selling pressure. Sales appear to be in a continual spiral as shoppers move online. Sentiment is overly bearish which is why I am looking for a long trade. Stocks like Sears Holdings and J.C. Penney have all been hammered. However, aggressive...
Buying around $29 - $31 will be a nice entry level.
Very clean ascending triangle pattern for potential breakout and gap close. Careful, earnings tomorrow after market close. Keep it simple, and focus on the process Twitter: @Jeanc680 Jean
FOSL looks primed for a pop here out of an ascending triangle into gap. Price currently above all but 200 dmas. Positive divergences shown on RSI and MACD. MACD cross zero line to upside, while RSI holding the 50 line.
$FOSL, earnings 5/10/16. Holding up well and looking strong as it bases over the gap up on prior earnings report. Declining volume on the base here is an encouraging sign. So long as the support and gap hold up, a positive earnings report could propel shares back above $50, however a miss could pressure $FOSL into the gap, if breached (sub 38), this is headed to...