Daily chart showing the 3,8,20 emas along with 50,150,200 smas and the weekly 10sma
Fib reached 1.618 extension, bullish divergence on RSI. China reopen its door to the world. high fashion big growth in coming years.
After a vicious sell-off in December we might be witnessing an end of near term downtrend forming. 4h and weekly charts presented above. On the 4h chart we can see a rounded bottom taking shape which is usually a strong buy signal. At the same time, the weekly chart witnessed a hammer formed with a quick confirmation the week after in the form of a big bullish...
I like the company and it seemed to have double bottom but keep an eye on this because it has the potential to turn ugly if the pattern confirms
Mainly just watching how this plays out. Tradingview wants me to have a lot of technical analysis but if you overcomplicate things youll be bad at trading. Simple Setups=Simple Profits
FTCH is prone to big swing and this setup looks ripe. Last swing, from 6.52 to 12.89 took only 6 weeks. It was also triggered by earnings report. Current setup is even more favorable for upward movement than what it a quarter ago. If earnings report (17th, after the bell) is favorable, I believe bulls will push it all the way up to $16.5 - $17.5 range. If it...
Looking at the FTCH Farfetch Limited options chain ahead of earnings , i would buy the $11strike price Calls with 2022-12-16 expiration date for about $1.17 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
UK-based luxury e-tailer Farfetch last made headlines at the end of August when it announced plans of major stake acquisition in Yoox Net-a-Porter YNAP. Advancing ambitions to create one leading major platform for high-end brands and sending both stocks soaring, the deal is expected to close by the end of 2023. A few days ago, Morgan Stanley increased the price...
Keeping an eye on this as it's starting to form a falling wedge
hello we see the ftch with high angle down trend with the next great point at 22 cent
daily chart for a strong fundamental company as we are in bearish trend line ! this is a major play we should profit from it in the way down and in the way up
Buy @$17.29 (or Previous Low Break High 15 min). TP=$18.20. ST=$16.59
FTCH : A lot of tech charts look similar. - big zone of support -resistance here as you can see on the chart - Demark sequential 9 weekly Again, we're going against the trend but I like the risk vs reward for a long swing trade here, cuz I can have my stop loss not too far. Trade safe!
NYSE:FTCH FTCH Looking good on daily ,4/Hand 1/H.PT$38 BY NEXT 2 WEEKS. LONG May hit $41.
if the price returned to buy zone 39.06 to 37.58 ...buy for T1 43.27 T2 47.33 Stop loss closing below 35.54
baught some call options to test strategy
I'm hoping to see a reversal at the 61.8% retracement but it could occurs at the 50%. It will only be valid if we start to see higher highs and higher lows otherwise the downtrend should continue