Looks like a super BUY!
Ferragamo is completing a flat top ascending triangle which is a super-bullish pattern.
After dropping 40% since May, in these days we are touching the upward trendline. Here we touched three times since 2012, which is a sign of strongness.
RSI is also in the underbought zone.
A closure over 20MA and 0.786 fibo is a SUPER BUY!
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
After dropping 40% since May, in these days we are touching the upward trendline. Here we touched three times since 2012, which is a sign of strongness.
RSI is also in the underbought zone.
A closure over 20MA and 0.786 fibo is a SUPER BUY!
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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