Coty (COTY) buy potential shares of the beauty company have been on the rise, after being upgraded to overweight from neutral by Piper Sandler. Among the catalysts are Coty's increasing exposure to China, which should allow for recovery tailwinds, the firm said. Technically, monthly price action has formed a bullish flag structure, a breakout observed....
NYSE:COTY Possible Scenario: LONG Evidence: Price Action. fill the gap TP1: 8.30$ TP2: 9.25$ Call options, Strike 9$, 01/21/2022 *This is my idea and could be wrong 100%
Shares of Coty rose 4.07% to $8.18 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.15% rising 1.15% to 4,357.04 and the Dow Jones Industrial Average DJIA, +1.43% rising 1.43% to 34,326.46. The stock's rise snapped a three-day losing streak. Coty closed $2.31 below its 52-week high ($10.49),...
I want to see coty drop rn bc if it's gonna go up it will very likely confirm a head and shoulders pattern which is rlly not what we want rn and could go even lower than 6s so i'd rather see it drop rn for a correction and then recover for much higher targets NYSE:COTY
Looks like Coty is picking up steam Check out LC chart, looks almost the same. Long term down trend, breakout, re-test. One of the most reliable set ups. Could still pull back in 6.50-7 range but that would be a buying opportunity. Monster potential to run to $20-23
Multiple bounces, volume looks good, might be setting up for a run in the next few days or so. Market has been very feisty to say the least, so I'd definitely recommend the stop loss to be safe. Please do your own DD. This is just my view on the stock. Not financial advice. Thanks!
COTY looks as if it is ready to make another move..it is currently resting comfortably above the 300 day moving averages...also getting ready for a 300 day ema/sma cross...rsi is above 50 and macd is flattening out in positive territory...my target is $11.00 (60% gain from current price)...IT'S YOUR MONEY, DYOR
The first setup got invalidated and I got taken out by an obvious stop hunt... it happens. Now it seems ready to rally and we could see a follow through day now. I suggest using the low at 6.20 as a stop if you're more a risk averse type or previous days lows if you're a more aggressive trader. Price needs to break above this 6.9x zone first though.
This guy head faked us a couple weeks back. All good, been looking for a re-entry. Earnings coming soon. Anything above $6.90 and could this finally breakout to the upside? Watching tomorrow.
Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility. This pattern subdivide into 3-3-3-3-3 structures labeled as A,B,C,D,E. It is a continuation pattern that breaks in direction of the preceding move. It could occur in wave 4 in an impulsive structure, wave...
Looking for another potential entry point on $COTY after getting stopped out a couple of days ago. Thoughts?
Bull flag has formed on COTY. I will be watching price action in anticipation of COTY attempting another breakout of that top resistance line...If a breakout occurs we could see some bigtime upside to $12+....COTY will release its earnings on February 3rd and with all signs pointing to a beat, I believe this could be the catalyst for that breakout and big upside.
$COTY was my first losing trade of 2021. But I wanted to go back and see what happened when compared to my winning trade on $PLTR. As you can see both had great runs a few weeks prior. They both then consolidated, and bounced around the new volume shelf. On Friday however, one broke one way and one broke the other way. I would trade this setup again if it...
A Bull pennant has formed on COTY and looks like it will attempt a breakout soon... If breakout is confirmed I expect to see some major upside to the $12+ level... I will watch price action as it approaches bottom support line and if it reacts as I anticipate I will strongly consider buying mid-February expiration call options
Playing around with the video recording feature. $COTY Analysis.
Been holding this one a while now waiting for that next breakout. Should happen soon IMO.
Please note: I'm just sharing my view. its not a recommendation for buying or selling