📊 Analysis: Amazon Deal: Tapestry's groundbreaking deal with Amazon to sell Coach bags. Acquisition: Planned acquisition of Capri Holdings for $8.5 billion. Revenue Growth: Record revenue and anticipated stable long-term growth. 📈 Bullish Sentiment: Entry: Suggested entry above the $39.00-$40.00 range. Upside Target: Aiming for an upside in the $66.00-$68.00...
Tapestry Inc is testing the neckline of an inverted head and should pattern with price above all MAs(8,21,34,50,100,200) and all MAs in bullish order. This indicates a bullish price trend. The lower PPO indicator show the green PPO line rising and above the purple signal line indicating short-term bullish momentum. Both lines trending above the 0 level...
If you don't know I love BILI both as an anime company and because of its lovely predictable stock price movements.... I am not saying this can't revisit $8 like it did when I got in at $15 however, it glimpsed $8 and came back to profitable in about a week.... and I don't really do option calls for less time than that unless its a short. Bili had decent...
NYSE:TPR breaking above falling resistance line. Will continue to see how this closes above trend, and possibly makes a short-term retest before moving higher.
Sign of Reversal to bullish trend - Candlesticks challenging MA200 , possible to stay above it - If we take a look at ichimoku indicator, candlesticks moving above cloud & lagging span moving above candle sticks (Signs of bullish trend) -Retracement line R3 retrace approximately 0.78fib of Line C, stronger than R2 retracement 0.6fib -Downtrend line c which form...
Several DCF valuations have suggested that the current price is on average 35% under the fair price. On the technicals, price is trading above the 100-200 EMA cloud and have broken recent price structures. It is not a buy just yet. I will wait if price makes quick correction to $42-42.50 and see if we can get a bounce from there. Who knows this recent rally this...
$TPR 5 months Line in the Sand resistance level. looking for entry at $41.55; position sizing my stop at $38.20 level
$TPR posted a weekly gain of +6.79% to close at it’s 52-weeks high at $42.14. The price acceleration was induced by a technical breakout of a Bullish Wedge chart pattern along with its 4 months trend channel, that was broken out with an 28.6% increment in its daily average volume. At the current junction, $TPR immediate classical resistance level is at $45 which...
$TPR Tapestry, Inc. - Possible Cup & Handle Forming on the Daily Chart Bullish hammer today on the daily chart, bouncing off support just above $16. Resistance level up above at about $18.10 - anticipating a move back to this level near term with an eventual breakthrough sometime in October. Once we get a close above $18.10, expect a strong move to follow. Near...
On the daily you have hidden bullish divergence coming off of bottom support line.
This might be the prettiest chart I’ve come across. Historical support from 2009 ! Gap fill around 27.00 Could be a good one