Capri at all time lowGreat buying opportunity to get long on Capri Holdings. Price bouncing of the all time lows. 1 hour chart shows double bottom with divergence. Buy the break of 26 (see the comments). Good Luck!by Antonio_traderUpdated 1110
$CPRI Bullish Upgrade for Capri Holdings Entry level $39.50 = Target price $43.00 = Stop loss $38.00 Upgraded to Overweight from underweight by Morgan Stanley with a $47 price target. Golden cross approaching and a new uptrend developed. P/E ratio 17. 8.64% short interest. Capri Holdings Ltd. engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women's apparel and accessories and men's apparel. It operates through the following segments: Versace, Jimmy Choo and Michael Kors. The Versace segment sells Versace luxury ready-to-wear, accessories, footwear and home furnishings through directly operated Versace boutiques. The Jimmy Choo segment sells Jimmy Choo luxury goods to end clients through directly operated Jimmy Choo stores. The Michael Kors segment sells Michael Kors products through four primary Michael Kors retail store formats: Collection, Lifestyle, outlet stores and e-commerce. The company was founded by Michael David Kors on December 13, 2002 and is headquartered in London, the United Kingdom.Longby Bullishcharts36
CAPRI HOLDINGS updateAs the buying pressure continues to push the price higher, now we are at the moment of breaking next resistance level. Stop below the recent swing. Good Luck!by Antonio_trader11
Capri Holdings updateMarket cap of this global luxury fashion company is $4.83B, part of SP500 index. Banks and investment funds target the $54-$63 on this share. Now testing the support zone and downtrend line, 3rd touch now. Best to wait for a low and put a long trade with small risk and add on the break of the trend line. Good Luck!by Antonio_trader7
$CPRI IS ALL THEY BAD NEWS BAKED IN, PRE EARNINGS.? REVERSAL ?Better known as Michael Kors, NYSE:CPRI has suffered a drastic fall from the August high of $76. Retail has had it difficulties in that time as the economy in the last quarter of 2018 took a very negative stance as political unrest(shut down) and worldwide trade worries cut consumer confidence and spending. Results from the first quarter so far for retailers have been very mixed, with NYSE:JWN suffering a huge sell off post earnings. Capri have made some moves to address issues within the company, firstly increasing product lines but keeping inventory under greater control to reduce discount selling. New focus on e-commerce Continued acquisitions . Cost saving and streamlining of IT systems. Its is expected that certain sections of the business will be in decline including licensing and Jewellery, but we think that is already in the discounted stock price. We would look for a small entry pre earnings, with strong support below and add on any reversal. P/E RATIO 10.4 ANALYSTS TARGET PRICE ESTIMATE $61.55 ANALYSTS RECOMMENDATION OVERWEIGHT COMPANY PROFILE Capri Holdings Ltd. engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women's apparel and accessories and men's apparel. The firm operates its business through three segments: Retail, Wholesale and Licensing. The Retail segment operates collection stores, lifestyle stores, including concessions and outlet stores located primarily in the United States, Canada, Europe and Japan. The Wholesale segment sells the company's products to department stores, as well as specialty retail stores and travel shopping locations. The Licensing segment licenses its trademarks on products such as fragrances, cosmetics, eyewear, leather goods, jewelry, watches, coats, men's suits, swimwear, furs and ties.by RedHotStocks3
Capri Holdings formerly Michael KorsCapri Holdings Limited is a multinational fashion company, incorporated in the British Virgin Islands, with principal executive offices in London and operational headquarters in New York. It was started in 1981 by American designer Michael Kors. The company sells clothes, shoes, watches, handbags, and other accessories. Michael Kors handbags have been a popular fashion trend among teenaged girls, according to a 2015 survey. In 2015, Michael Kors had more than 550 stores and over 1500 in-store boutiques in various countries. They also own Versace which is why we saw that Kith x Versace collab a few weeks back. it wasn't a complete disaster but it wasn't a complete success either. but the fact that theyre opening up the gates give a good outlook for the company to go back to its highs of $65. I kept part of an old graph I had made when I called that if kith didn't completely sellout it would go downward which is exactly what it did. Stock is not looking too hot at the moment but I believe in the company and the growth they can still have, even if its just a bounce short of their former glory theres a lot of potential here. only 2 buy ins. #1 around for berars $45-43. most likely scenario. #2 buy first thing in the morning its the bet buy in. by anwezzy13232
CPRI used to be KORSdo unfilled GAPs count in a renamed stock [ pink dashed lines ! there are some BIG GAPs way up above , since the rename has filled one below leaving one below and creating another small one nearby & below by G13Man2
Capri. VERSACE X KITHOk guys first of I got burnt on this one thinking it was going to sky rocket on Versace acquisition. few things to know MK as a brand is regarded by women as cheap and "wannabe" so the global trend is going down, which si why they bought Versace. now they've opened the gate to the hottest thing in fashion "collabs", meaning if this kith partnership does good, we will see the brand start to bounce back. so we need to keep our eyes on this one. a lot of positive technical, especially with market on an uptrend. RSI is neutral, and the graph is following a natural uptrend close to the resistance line so beware. target buys #1 if Kith goes amazingly. buy at resistance around $44. #2 kith goes ok buy at bottom of Ichimoku cloud. around $39. #3 kith fails. stay away. by anwezzy13232
CPRI LongThe price of CPRI is way below its fair value. Now all the MA have crossed and there is a clear change in tendency upwards. Right now there might be a horizontal channel but will eventually go up.Longby m_porcar1
CPRI (KORS) Looks good from here!Shares of CPRI (formerly KORS) have esatablished a new uptrend (white line) after breaking out of a downward trend (red line)... That downward trend has also served as support, which bodes well. The OBV is improving and demonstates buyers are gaining control, and technical indicators like RSI and MACD seem to validate the bullish thesis. I'm long both shares and calls, but its worth noting that earnings are due out in 11 days. I'll try to post my "Oscillator" chart setup in the comment section below, as they all are signaling buy. Happy trading!Longby EchoAlphaBravo223