VF Corporation (VFC), currently has an unusually low price relative to the S&P 500 index. This ratio, sitting at just over 0.003 (0.03 in 2015), is reminiscent of levels seen in the 1980s. Naturally, this raises the question: could VFC be poised for a significant rebound of 10x or more relative to the broader market?
Description:
This Pine Script strategy, titled "Combined Box and Squeeze Strategy", is a unique blend of two powerful trading concepts: "The Box Percent Strat" and "Squeeze Box ". The strategy is designed to work on the TradingView platform and can be applied to a wide range of financial instruments across various timeframes.
Key Features:
Box Percent...
Looks like my last prognosisn, which was on MES, is coming to fruition. Now let's take a look at VFC. Last time I saw this stock it was in the 50s, from their it has been bear activities. Now, for my trading style, it's a point where I trade it
V.F. Corp. (NYSE:VFC) shares jumped 11% Tuesday after activist investor firm Engaged Capital said it has built a position in the apparel brand company.
Analysts reportedly told listeners that VFC is mismanaged and that they believe its share price could triple if its issues are addressed. In addition, they contend that VFC's business can probably be turned around...
Technical Analysis:
VFC Corporation is at a critical juncture, hovering just around the $21 level. A breach above this level could be the spark for a promising upward move. Keeping a close watch on this potential breakout. 🔍
I'm also tracking the possibility of a higher low formation, 📊 hinting at a bullish trend continuation. The current consolidation might...
On the 4-hour chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 20.98
But do not forget about SL = 16.73
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
"I believe it is a good time to invest in a solid company like VF Corporation, which has proven its strength over the years and has consistently paid dividends. In my humble opinion, it is a great opportunity."
Price is looking to bottom at the bottom of a down channel
This follows a strong downtrend.
I do expect a strong recovery following this bounce off the bearish channel.
The VFC stock seems to be undervalued based on its Price/Sales and Price/Book ratios, and the fact that institutional investors hold a large stake in the company suggests that they have confidence in its future growth prospects. However, the company's poor performance over the past year and high P/E ratio may give investors some pause. It's worth noting that the...
Trading plan:
1. CM_Williams_Vix_Fix at local monthly bottom which can be seen as a confirmation of the primary bearish trend which started on May 21, 2021.
2. WT_LB is below oversold band which is also on monthly timeframe is indicating a primary trend reversal.
3. I will start accumulating within the range 27-23 but if it will start consolidating below 22 then...
Features a 4.2% dividend with annual yield avg ~12%. This is a nice stock to keep in income portfolio. It doesn't get discounted that often. Looking for a reversal on the monthly. $36-40.
The PEAD projected a Bearish outlook for $VFC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 83.33%.
