Farfetch : too far...
#FTCH is a hot stock and... constantly money losing business.
Purely from a technical perspective its 5-wave impluse is probably close to its peak.
Daily RSI is 85+ and stays very high for a few weeks.
Expect a healthy correction from 60 down to around 40 within next three months.
Purely from a technical perspective its 5-wave impluse is probably close to its peak.
Daily RSI is 85+ and stays very high for a few weeks.
Expect a healthy correction from 60 down to around 40 within next three months.
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