COTY Testing Old Highs Color Green Number 7
COTY Swing Up Postioned To Make New High Color Green Number 7
COTY Swing Up Testing Old Highs Color Green Number 3
I think COTY will turn around and get a handle on making the brands from P&G profitable into next earnings.
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)).
Very similar pattern to when it first BO (ipo days)