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Tapestrylong

$TPR #Tapestry - fashion brand Bullish!$TPR #Tapestry! 1D Chart of my wife's favourite fashion #stock - they own #Coach & #KateSpade! Concept: Use profits earned from capital appreciation in this stock to buy more Coach and Kate Spade products! CHARTS: - 1st SuperTrend BUY triggered. - #VCCB candle - Olive green! (Indicates Strong buying volume >100% but <150% of its average 21Days. - Look at Fib levels for possible targets. - RS line curling up ( RS = Relative Strength ). Take note this is totally different from RSI ( Relative Strength Index ). We use RS to measure if an asset is outperforming a benchmark. The SPY is used as benchmark for this chart example. A Green RS line that is sloping upwards generally indicates the asset has stronger strength (outperforming the benchmark). 💡IMPORTANT DISCLAIMER: All Information, Commentaries and Opinions shared in this group are purely for educational and entertainment purposes and ARE NOT recommendations to buy or sell any stock, security, or asset. Please do your own research and due diligence, and exercise your own discretion for all trading and investment decisions.
NYSE:TPRLong
by PeterSG
US Stock In Play: $TPR (Tapestry Inc)$TPR posted a weekly gain of +6.79% to close at it’s 52-weeks high at $42.14. The price acceleration was induced by a technical breakout of a Bullish Wedge chart pattern along with its 4 months trend channel, that was broken out with an 28.6% increment in its daily average volume. At the current junction, $TPR immediate classical resistance level is at $45 which was last traded in October 2018. Any upcoming correction for $TPR not exceeding below $38.40 will ensue its technical strength for a further mid-term rally. $TPR provides luxury accessories and branded lifestyle products through three major brands (Coach, Kate Spade, and Stuart Weitzman.) in the United States, Japan, Greater China, Other Asia, and internationally.
NYSE:TPRLong
by jfsrevg
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