(RL) ralph lauren Crazy high price for Ralph Lauren right now. The RL stock is doing excellently; as I just noticed today. I was unable to find any clothing that fit me or fashion styles that looked both vintage and modern at the same time during the Holidays this year; or any year. On average, inside the RL store in Lehi, UT the quality of styles is limited and the prices are typical of what one would expect from RL. I wish RL would offer more styles that they used to based on the 90s and early 2000s here in Utah. I wish the discounted styles in my size were offered or not completely gone as soon as the sale arrives during the Holidays. RL is a highly sought after brand but I've only ever owned one piece of cotton blue button up Ralph Lauren Levi's-esque shirt that ripped at the elbow due to the cotton material being so tender. I'm not rating RL as a short due to the fact that I don't own the clothing and can't afford the clothing. The MACD is really high right now.
Ralph
RL Ralph Lauren Corporation Options Ahead of EarningsAnalyzing the options chain of RL Ralph Lauren Corporation prior to the earnings report this week,
I would consider purchasing the 100usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $8.30
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
BTC The Wave Principle | Diagonals + BreakoutsEasy setup for a quick trade, it's an ending diagonal + abc below the structure.
You get the Fibonacci retracement tool there and go for 618 retracement as entrance, and -0.272 | -0.618 profit levels.
Just try this in the past and see it for yourself: how many times does this combination of behavior has happened before?
Hello, I'm Lito.
I've been studying the wave principle for a while now, and I have found that price movement shows us the market behavior.
...what is this? people call it elliott theory, but it's a principle. that word means description of the behavior,
but to be more precise: human behavior.
Our emotions into charts, movements in dynamics ups and downs, in an oscillator=diagonalish increasing financial market.
impulses + corrections, on the move every single day.
Some are slow, some are fast. there are days and moments of fast movements, and then indecision and slower movements show up.
There are ways we can study this behavior and it's called The Wave Principle, the book Elliott Wave wrote about.
If you want to learn more about it, read this chart. There's a link there.
See ya.
ps. you can study the chart by following figures. If you don't recognize any of them, maybe you should watch my videos. Follow the link in the chart.
Ralph Laure Bullish Race HorseLooking long with potential target of $180 then potentially $230. Since launch Ralph has been in a bullish trend. A worldwide well recognised brand that performs well through all seasons and market conditions. However, COVID being a complete different disaster has had an effect on consumer trends and even eliminates the option for consumers to visit stores. Clothing is one of the least wanted items at current Covid conditions. Ideally I will like price to drop to $30-$35. However, current price entry levels is also attractive, if price continues to decline then I will look to purchase higher quantities at cheaper share price . I will also look to trade Ralph for the shorter term gains.
RALPH LAUREN CORPORATION 30% Crash Incoming (Bearish Divergence)If RALPH LAUREN CORPORATION (RL) closes the month below 123.81, we will likely see a 30% drop. The probabilities of this happening are very high since bearish divergence is already showing up on the RSI (magenta line).
Expect RALPH LAUREN CORPORATION to crash hard in the coming months.
Other signals in shorter time frames validate the incoming crash. Time to sell.
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Thanks for the support.
Namaste.