Acushnet has been trading in a fairly consistent downtrend since reaching its all-time high, and on Jan. 20, the stock began to develop a descending trendline, which has been acting as heavy resistance. On Friday, Acushnet attempted to break up bullishly from the trendline but failed and wicked from the level.
The move higher to the trendline may have been caused...
$GOLF is growing exponentially and will never go away!
Acushnet Holdings Corp. engages in the design, development, manufacture, and distribution of golf products. It operates through the following segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, FootJoy Golf Wear, and Other. The Titleist Golf Balls segment involves in the design and...
$GOLF is booming right now and it's not slowing down any time soon!
Great entry point as it has hit the bottom of the channel!
I'm looking TP at 58.73.
Sell Short: Acushnet Holdings Corp - Ticker: GOLF - Sector: Consumer Cyclical Industry: Leisure
Go to the Invest2Success Advisory Page and Also for USA Asia Financial Forecasts
Sell Entry: 217.78 to 210.22
Stop-Loss: Available to Subscribers
Take Profit Price Targets: Available to Subscribers
NYSE:GOLF
NYSE:ELY
$GOLF #AcushnetHoldings $ELY...
Sales in 2020 down 1.3%. And EPS down 12%. With the US at 51% of sales, EMEA at 13%, and Japan at 12%, their sales and earnings expectations are wildly off from what will be reality.
