By closing the window opened on January 26th we arrived back into the sideward January channel. A test of its top may be next.
- Strong momentum from the coach brand - China penetration and ecommerce growth - 40% of stores are outlets in outdoor retail settings that have seen more foot traffic than enclosed malls - Expecting 5th impulse wave to extend to long term descending trendline at $45 - Could see pullback to the 40MA - No position yet, stock is on close watch
Hey guys, TASPESTRY is in a bullish dynamic with a marubozu and a high volume of purchases issued. In TIMEFRAME M1 we see an upside down hammer candle with a large purchase volume, it is in full breakage of the base of the bollinger. To go on its last low and make a turnaround. TAPESTRY will re-test the highest starting on the VWAP in order to break it and come...
SHORT around 32.80 T1 31.67 T2 30.95 SL closing up 33.15
The ADX gave an overbought signal at a potential reversal zone around 28.00 Recommend to sell T1 21.00 T2 16.70 SL closing up 30.50
But here you go. My target is the GAP area. Let it fill the gap, then leave.
In this company i observed these prices using fibo.tools : - using Fib.Retracement (Daily mainframe) at 20.60$ , theres a good sign at level 23.6% - using Fib.Retracement ( 4 H mainframe) at 20.26$ we have an key level. - using the Fib.projection at 20.00$ we have another good key level - using Fib.Extension 1 . another key level using this tools i observed at...
$TPR Tapestry, Inc. - Possible Cup & Handle Forming on the Daily Chart Bullish hammer today on the daily chart, bouncing off support just above $16. Resistance level up above at about $18.10 - anticipating a move back to this level near term with an eventual breakthrough sometime in October. Once we get a close above $18.10, expect a strong move to follow. Near...
A break above the 200ma could bring a nice rally Entry $19 target $21 short term
Using fib ratio 1R for 2R Trade setup idea. Please note I am a beginner trader and shouldn't be taken too seriously.
GOT STOPPED OUT. IF IT BREAKS SUPPORT THEN I'M LOOKING AT 8.31 AREA FOR RE ENTRY
On the daily you have hidden bullish divergence coming off of bottom support line.
This might be the prettiest chart I’ve come across. Historical support from 2009 ! Gap fill around 27.00 Could be a good one
EPS better than expected. The strong Dollar a issue as the company sees a significant drop in tourist purchases. Low single digit growth Modest year over year decline in Gross margin. Repurchased $300 mil of stock, their is a future $700m to repurchase authorized. 8th consecutive quarter of growth in Coach, its largest brand. Kate Spade had comparable store...