Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers front fork and rear suspension products for mountain bikes, road bikes, and e-bikes; and powered vehicle products for side-by-side vehicles, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles,...
We have observed some strong selling for FOXF over the past month and seen several supports break down. However, we are seeing some buyers coming back to defend the 67.50 support again and it is possible to see further buying with more short covering and traders getting long. Possible target will be 72 where selling might come back again...
FOXF breaking higher, longs at weekly demand and monthly demand zones around 33 and 27.50 price areas. Clear bullish bias with new demand imbalances and levels being created.
Fox Factory Holding Corp. engages in designing, engineering, manufacturing, and marketing performance ride dynamics products. Its product categories include bicycles; side-by-sides; on-road vehicles with off-road capabilities; off-road vehicles and trucks; all-terrain vehicles; snowmobiles; specialty vehicles and applications; and motorcycles. It operates through the following geographic segments: North America, Asia, Europe, and Rest of the World. The company was founded on December 28, 2007 and is headquartered in Braselton, GA.
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FOXF
