📊 Analysis:
Amazon Deal: Tapestry's groundbreaking deal with Amazon to sell Coach bags.
Acquisition: Planned acquisition of Capri Holdings for $8.5 billion.
Revenue Growth: Record revenue and anticipated stable long-term growth.
📈 Bullish Sentiment:
Entry: Suggested entry above the $39.00-$40.00 range.
Upside Target: Aiming for an upside in the $66.00-$68.00...
Luxury fashion brands are popular for speculation heading into the holidays.
With a few points to the bottom completion resistance, NYSE:TPR has a swing trading entry signal, 2 in a row now. Resting days that create a narrow consolidation can be powerful momentum-building patterns for short-term trading.
Swing trading, rather than day trading, these setups...
Tapestry Inc is testing the neckline of an inverted head and should pattern with price above all MAs(8,21,34,50,100,200) and all MAs in bullish order. This indicates a bullish price trend.
The lower PPO indicator show the green PPO line rising and above the purple signal line indicating short-term bullish momentum. Both lines trending above the 0 level...
NYSE:TPR breaking above falling resistance line. Will continue to see how this closes above trend, and possibly makes a short-term retest before moving higher.
Tapestry Inc. common stock prices fall as Barclays downgrades amid increased promotions. I am bearish on TPR.
My trade levels are as follows:
Entry price: $43.71
Take profit: $39.97
Stop loss: $44.98
Risk/reward: 2.94
Frozen rope short.
Up 18 days in a row, extremely extended. RSI at extreme
Up 40% since last earning.
target 1: 21 EMA for 1/3
target 2: prev base high for 1/3
trailer 1/3
Sign of Reversal to bullish trend
- Candlesticks challenging MA200 , possible to stay above it
- If we take a look at ichimoku indicator, candlesticks moving above cloud & lagging span moving above candle sticks (Signs of bullish trend)
-Retracement line R3 retrace approximately 0.78fib of Line C, stronger than R2 retracement 0.6fib
-Downtrend line c which form...
Buy at any suggested price within the Buy Zone area and cut loss if price goes lower than Stop Loss. Can take profit at suggested Target Price.
Entry Price: within $40.15 and $40.99
Stop Loss: $39.14
Target Price: $41.71
Adjusted Earnings Growth Rate about 14.74% with Blended P/E of 11.31.
Normal P/E is 20.35, forecasts are decently accurate and expect future 10-15% growth YoY. EPS Yld is 8%.
I think Tapestry is a steal here. 2.70% dividend that doesn't necessarily grow, but it is well covered by cash flow.
Owns Coach, Spade, Weitzman.
Consistent 15% growth puts the company...
Several DCF valuations have suggested that the current price is on average 35% under the fair price.
On the technicals, price is trading above the 100-200 EMA cloud and have broken recent price structures. It is not a buy just yet. I will wait if price makes quick correction to $42-42.50 and see if we can get a bounce from there. Who knows this recent rally this...
Dumb Money Says : This under-appreciated consumer brand is popping with millennial and Gen Z'ers consumers. Could be one of our biggest consumer apparel bets of the Summer. Check their Youtube for the reason why...
But Wait.. this chart seems to be on a downward move. I like the set up but I think they may be a better price ahead if you're patient. I would like...
Stock above EXMA 200 and still in uptrend and Trading volumes increase with rises and Stock is making higher low So you can buy target 48.9 stop losses 37.4 Good luck
Its uptrend since a few months , possible double tops pattern and at same time bullish breakout patterns too . it could move +/- 20% with high Money flow, the big swing is more likely! Upper targets: 51-57-58 Lower targets 38 -33.8
Six of my algorithms signaled a SELL on April 13, 2021 for TPR on the 2 Hour charts. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. Since the signal occurred at the open, the continued upward movement appears to have already hit the mark. This could mean it does not move higher until it find my projected...
![TPR: 18/4/2022 NYSE [TPR]](https://s3.tradingview.com/b/biypKflv_mid.png "18/4/2022 NYSE [TPR]")
![TPR: 01/03/2022 NYSE [TPR]](https://s3.tradingview.com/a/AAg6YURT_mid.png "01/03/2022 NYSE [TPR]")
