$COTYJust broke MACD with a nice uptrend. Has nice volume coming into it should see it around $19 soon.
COTY34 trade ideas
COTY - Here Is My Plan (Write Covered Call)!!!The covered call involves writing a call option contract while holding an equivalent number of shares of the underlying stock. It is also commonly referred to as a "buy-write" if the stock and options are purchased at the same time.
Symbol: COTY
Current Price $13.88
Num. shares: #100
Total cost: $1,388
Option:
WRITE
Option: 22nd June $16.00 Call
Price per option: $ 1.01
Contracts: #1 x 100
Total cost: $101
Maximum Risk: $1286.90 at 0.20 on day 0
Maximum Return: $308 at a price of $16 at expiry
Breakevens at expiry: $12.87
COTY - See Chart Trade ChartHarmonic Patterns can raise your profits higher and give you stops, entry and exit points. You can leave emotions away, just trade what you see. FYI: Two insiders on 5/11/18 bought 61,700 shares at $14.29, now price action is at $14.00. If interested in this stock, make a plan and trade plan. Either call options and/or stock buying, I see an easy $3.00 profit (or $17) fairly fast.
UptrendEarly signs of an uptrend. EMAs crossing over. Several prolonged lower shadows with increasing buying activity.
Long COTY into next earningsI think COTY will turn around and get a handle on making the brands from P&G profitable into next earnings.
COTYWould love to get another shot at this under 19.00. Putting in lower
highs in the channel from gap down. I get the feeling this has plenty
of room to move up toward 21 if it gets out of channel to topside.
Stop would be under bottom channel line.
Possible Swing TradeI bought NYSE:COTY two weeks ago at $18 and sold it after it formed a hammer around $20. Now, bought it again at the close when it formed a doji, I think it has a good chance of going back to $20 or $21.50 again, lets see.
COTY. Ending diagonal. Target 30-33We are at the end of correction in wave C of (X) before the strong upside reversal in wave (Y) of ((X)).
COTYToo hard to try long until price breaks the 1.272 area. Could be a Gartley, but the 1.272 is outside the acceptable range. So...no touch for me.
Congratulations $COTYWhen beauty brands make it to market I can't help but me happy. This release will be a fun one to follow as the market pulls back. In part due to the reputation of the world of beauty as an outlet for joy. Congratulations to the team at Coty. Sincerely, Beauty
