FOSL has been in a downtrend since June 2021, when it reached a 52-week high of $6.08. The stock has formed a descending wedge pattern, which is a bullish reversal pattern that indicates a possible breakout to the upside. The stock has recently crossed above the resistance line of the wedge, which is a positive sign of a trend change. The stock has also formed a...
Fossil shows signs of bullishness Targets at 30% and 56% from current prices Good luck Thanks for the likes and comments
Previous history says this trendline is fire haha. Just need to see. Decent financials though.
All description on the chart. Please, don't forget to like and follow. Thank you.
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All description on chart. Please, don't forget to like and follow. Thank you.
As you can see on the chart there was a huge short squeeze in the stock fossil 2 weeks ago. I bought put options a week ago. I see the stock go back to 9,5 dollar on short term. Long term when management is not able to do a turn around, stock will eventually go to 0.