Would love to get another shot at this under 19.00. Putting in lower highs in the channel from gap down. I get the feeling this has plenty of room to move up toward 21 if it gets out of channel to topside. Stop would be under bottom channel line.
pension account close to bottom but this one still needs eye of faith ...
@rahagar RSI and MACD still sad-looks like rsi trying to grind higher
I bought NYSE:COTY two weeks ago at $18 and sold it after it formed a hammer around $20. Now, bought it again at the close when it formed a doji, I think it has a good chance of going back to $20 or $21.50 again, lets see.
We are at the end of correction in wave C of (X) before the strong upside reversal in wave (Y) of ((X)).
Description of Chart : COTY is currently in this range at the moment. There could be the potential to short on a breakout. Website : www.lukelehepuu.com Take a look at my website, you can become a member or sign-up to my weekly newsletter. *** To get my ideas immediately you can follow me ***
Very similar pattern to when it first BO (ipo days)
CONSOLIDATING AFTER A NICE MOVE HIGHER, WATCH FOR BREAK OUT TO NEW HIGH/BLUE SKY
When beauty brands make it to market I can't help but me happy. This release will be a fun one to follow as the market pulls back. In part due to the reputation of the world of beauty as an outlet for joy. Congratulations to the team at Coty. Sincerely, Beauty