Swatch stock is considered a contrarian story for a few key reasSwatch stock could be considered a contrarian investment due to a combination of factors suggesting it's currently undervalued and facing headwinds, while also possessing inherent strengths that could lead to a future turnaround. Here's a breakdown of why:
Negative Sentiment & Challenges:
Contrari
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0.07 USD
219.15 M USD
7.65 B USD
About Swatch Group Ltd. Bearer
Sector
Industry
CEO
Georges Nicolas Hayek
Website
Headquarters
Biel
Founded
1983
ISIN
US8701231065
FIGI
BBG000C3GMP6
The Swatch Group AG engages in the business of designing, manufacturing, and selling finished watches, jewelry, watch movements, and components. It operates through the following segments: Watches and Jewelry, Electronic Systems, and Corporate. The Watches and Jewelry segment is involved in the designing, producing, and commercializing watches and jewelry. The Electronic Systems segment focuses on electronic components and sports timing activities. The company was founded by Nicolas Georges Hayek in 1983 and is headquartered in Biel, Switzerland.
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Swatch AG (UHR.vx) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the Swiss company The Swatch Group Ltd (UHR.vx). The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The Swatch Group is the world's largest watch company and employs about 36,000 people in 50 countries. The gro
Trading Idea - #SWATCHSELL Limit Order!
ENTRY: 275 CHF
TARGET: 208 CHF (profit 23%)
STOP: 294 CHF
I assume that the price of the SWATCH share can recover in the short term. This would go up to the POI level of CHF 274.
As SWATCH has become heavily dependent on the Chinese market and the Corona fear continues to domina
Swatch Group Swatch Group | Bull flag breakout | This setup only recently caught my attention (I missed the initial channel break). Thus far we’ve moved through and closed above R2. The MACD is a currently crossing above zero and the RSI is at a bullish 64 reading.
This chart forms part of a larger research not
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