R1LC34 trade ideas
ABC Bullish Double Bottom Bottom FishingRL has been in a down trend for a long time.
The retail environment has been tough. Short interest on the high side
A Lot of R overhead but there is some room overhead
A double bottom can always come back and form a triple bottom so be aware. Patterns change. The only thing that never changes is change.
Not a recommendation
Have You Noticed?Or, is it just me?
No matter what Stock that I Sell (RL) as an example.
"They" drop the price by -$1.09
Then, "They" slowly put it back on the Market at a Higher price, than I Sold.
I have many other Stocks that this has happened to, also.
How about: AMAZ at a High of $3344
"They" drop it -$409 and the Buyers come back in.
There is Definitely enough Greed to go around.
Ralph Lauren long-term investing buy signalsRalph Lauren (RL) looks so tasty! Monthly chart: 20 years old(!) support line + divergence on RSI(14)
RLReady for the next leg up until nxt year? Thrice touched the resistance line. Going for one more time!
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 Corp (RL - US) - ABC wave pattern Ralph Lauren Corp (RL - US) is moving down in ABC down wave pattern. C wave is already started moving down with impulse down sequence.
RTX looks great here on the weekly candlestick!My custom-coded candlstick alerts are pointing to a bullish few weeks for RTX! I'm in. Daily candlestick alert was about 4 trading days ago.
Careful CarefulDon't let it fool you. Shrinking volume could suggest it wants to pull back to support, so keep an eye on it if your long like I am.
RL Long Liking the setup here to get back to 123 area.. ADX (dotted line in directional movement) is trending higher and control price held with long wick.. 123 target with 112.80 stop
Come Back To PoppaLooks great, bouncing off the 50, crossing the 200, bullish RSI and rising relative strength and volume....nice :)
Which Way Will It Go ?IMHO, up - consider the positive earnings, and the fact that the gap has been filled, and it looks to be bouncing off of the 20 as well.
$RL Ralph Lauren Trend Lines Just working on my trend linesI am posting to see if my trend lines play out. Thoughts and comments appreciated.
Jeremy
Ralph Lauren short opportunityCould be time to close longs since September. As the volatility from positive earnings subsides, a chance to short the gap is by waiting for the break of the daily 200SMA and target $104 level to close the gap.
Good Luck!
RL (Ralph Lauren), Where to Sell?..The price is between two Support/Resistance Zones at the time.
It will be a good Sell opportunity in marked Sell Zone.
Before to trade my ideas make your own analyze.
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Thanks for your support!
$RL Much more Upside potential In Ralph Lauren.Having missed this stage of the recovery , a safe entry level would be on the break of the well defined downtrend.
RSi and MACD are turning very bullish and a cross above the zero line would be very positive for the stock and a buy signal.
P/E ratio 20. Reasonable.
Short interest of 9% under some pressure.
Company profile
Ralph Lauren Corp. engages in the design, marketing and distribution of premium lifestyle products. The firm offers apparel, accessories, home furnishings, and other licensed product. It operates through the following segments: North America, Europe, and Asia. The North America segment consists of sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in the U.S. and Canada, excluding Club Monaco. The Europe segment caters to sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in Europe and the Middle East, excluding Club Monaco. The Asia segment covers the sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in Asia, Australia, and New Zealand. The company was founded by Ralph Lauren in 1967 and is headquartered in New York, NY
Ralph Lauren Elliott wave viewThis is a weekly picture for RL. The stock has very nice technical moves allowing for some good risk-reward positions.
Currently in wave 3 of a bigger C down. expecting a rise back to 105 area before shorting again.
Good Luck!
RL 10% shortRL has been rejecting near the bottom of the cloud for the past couple of days, and it just broke past the moving averages. We see it breaking through the top purple line, which has been acting as a support/resistance level dating back since 2010. I think it will move down to ~$84.90 which is where we have been seeing resistance/support action since 2/10/16, and we can also see the sharp chikou on 7/10/19.
$RL Short Idea. $RL weakness rising once again. If trade talks begin to break down then the retail sector may feel the brunt of it! Possible $9+ Move to the downside. #stockstowatch #stockstotrade #stocks
Ralph Lauren updatePrice still going up, so keeping the longs. Now as daily reaches overbought, expecting a pullback in price, best would be a retest of the recent broken zone, where we could buy again, looking at the smaller time frame.
Good Luck!
RL - Above 10 day EMA and Vortex Indicator confirmationPrice gap above 10 day EMA with Vortex Indicator confirming change in trend to bullish side.
Ralph Lauren updateAs part of SP500, company has a market cap of $6.8B. Price target for banks and investment funds ranges from $98 to $150. Year on year stock lost. 34.52%.
4 hour chart shows it could be forming double bottom at the weekly support buy zone (see in the comments). Could be good for a long here with great risk-reward.
Today US session opens after bank holiday and first time in autumn, expecting high volatility today.
Good Luck!
