Right at support? Could it bounce towards 160?Its sitting right at support now on a monthly chart. Nov-Dec months could be positive. If it loses 120, then next stop at 80.
CPRI
Close to the bottom? 200 then?It may be close to the bottom. Anywhere between 100 to 130 is a buying range. It could jump to 200 then.
CPRI - Capri HoldingsStarted position as the stock came through its inside pivot & PEG day anchored VWAP. Ran up nicely before giving a lot of the move back in the afternoon.
CPRI showed massive growth in EPS last year (+205.52%) and estimates for the current year (with 2 quarters already reported) are EPS growth of 180.87% with sales growth of 33.37% supporting the EPS growth.
Will close half position if today's opening price point @ $64.76 is breached, as I would expect the PEG day anchored VWAP just above to hold as support if this stock is going to be a true winner.
CPRI Capri Holdings of for a good start!CPRI Capri Holdings of for a good start!
After an insane dump of 95% over 6 years time, CPRI Capri Holdings might be your best buy of 2020-2021.
Clear 33333 leading diagonal into the 1, you would want to catch that retracement at the 2!
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!
