If RALPH LAUREN CORPORATION (RL) closes the month below 123.81, we will likely see a 30% drop. The probabilities of this happening are very high since bearish divergence is already showing up on the RSI (magenta line).
Expect RALPH LAUREN CORPORATION to crash hard in the coming months.
Other signals in shorter time frames validate the incoming crash. Time to sell.
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Expect RALPH LAUREN CORPORATION to crash hard in the coming months.
Other signals in shorter time frames validate the incoming crash. Time to sell.
If you enjoyed this analysis, please hit LIKE.
Thanks for the support.
Namaste.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.