VFC trade ideas
Simple short - VFC Corp - Long term head and shouldersVFC is a corp that not only is showing a wonderful long-term topping pattern. It's also positioned in a rather poor manner for the current macro environment. They are a cyclical company that sources the majority of their products from Asia, experiencing significant supply issues that are constricting margins significantly.
Not sure if this breaks immediately, based purely on probability, it will likely confuse people and trade sideways around the neckline for a while. But if market conditions continue, it may just break straight through and potentially retest significantly later.
V.F Corp. Bulls, Time To Load Up!V.F Corporation , Market cap: $19.44 Billion
Price action near the 100MA + RSI dips below 40 + Stochastic Oversold = The best long term buying opportunities.
Most impulse moves had retraced to the 0.382 Fib level, on 1 occasion the 0.618.
Buys from the 0.382, which sits at around $40, would be excellent!
Price tends to visit the 100MA on average, every 10 years.
Good Luck!
Here's the 13 brands that V.F Corp currently own, and the year of acquisition or merger.
Workwear
Dickies (2017)
Eastpak wallet
Altra (2018)
Eastpak (2000)
Icebreaker (2018)
And1 Lab (1999)
JanSport (1986)
Kipling (2004)
The North Face (2000)
Napapijri (2004)
SmartWool (2011)
Supreme (2020)
Timberland (2011)
Vans (2004)
Credit to @without_worries for allowing use of indicators
Insanely Rare Buying Opportunity for VFCVF Corp. (VFC) just barely reached the standard deviation basis on the yearly chart before smart money rushed in to buy. This is roughly a once-in-a-decade buying opportunity on a stock that yields over 4% dividend. What better way to invest than buying a high dividend stock with a price that's also likely to steadily rise for years?
VFC Precarious Technical Setup Fundamentally I have little to say about VFC's business... other than a recent increase in debt levels VFC's fundamentals remain solid in my opinion.
The technicals paints a very different picture. Subjectively, VFC has formed a long term head and shoulders pattern. A decisive move below the double bottom support level of roughly 45.00 a share should lead to aggressive price depreciation for VFC. Next strong support for VFC is around 28 a share. I see 35 a share coming soon for VFC.
This is not trading advice just what I see coming in the near to mid term future for VFC. Thanks.
V.F. Corporation (NYSE: $VFC) Looks Ready To Leap Higher! 🐸V.F. Corporation, together with its subsidiaries, engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work. The company offers outdoor, merino wool and other natural fibers-based, lifestyle, and casual apparel; equipment; accessories; outdoor lifestyle, performance-based, youth culture/action sports-inspired, streetwear, and protective work footwear; handbags, luggage, backpacks, totes, and travel accessories; and work and work-inspired lifestyle apparel and footwear. It provides its products under the North Face, Timberland, Smartwool, Icebreaker, Altra, Vans, Supreme, Kipling, Napapijri, Eastpak, JanSport, Eagle Creek, Dickies, and Timberland PRO brand names. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through direct-to-consumer operations, including retail stores, concession retail stores, and e-commerce sites, and other digital platforms. V.F. Corporation was founded in 1899 and is headquartered in Denver, Colorado.
VF CorporationMission:
We power movements of sustainable and active lifestyles for the betterment of people and our planet. Everything we do – from the products we make to the actions we take – is about enabling people to live sustainable and active lifestyles. Our Purpose is what propels us and gives our work meaning.
Brands:
Notable Brands:
Jansport, Dickies, Eastpak, Kipling, Supreme, Northface, Timberland, Vans, Terra.
What do you think?
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💡$VFC🛒 Gap fill for VF Corp?💰+15%🏌️♂️ NYSE:VFC 📚VF Corp, which owns The North Face, Vans, Timberland and Supreme, is at some key levels. Should price reclaim the 100 day MA, this could be followed by a breakout of the bearish trendline - price is still supported by a long term bullish price channel. Price may move higher to gap fill at $92 - which also happens to be the -0.13 Fib Extension.
BUY to V F CORP DailyHey poeple, V F CORP is in an uptrend with low buying volume and buyers are noticing refusal. On the TIMEFRAME 30 15 5 1 we see a collapse of the title but it wants to return to the rise. It goes in the direction of its last previous low, in this situation we go on the next high. That we can see on the TIMEFRAME 4 H then after on the daily if the buyers are still there.
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VFC: Next Short Target is $60First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, I am bullish VFC pre-earnings call and expect the next short target to be $60. If I held this stock however, I am not sure I would hold on to it all the way to its upcoming earnings call this week. Given the time period we are in, I don't have positive confidence for it. There are much higher growth stocks, but this is still not a bad bet pick wise. I think it is about to dip, which is why I would suggest a sell off to mitigate risk prior to a bullish retracement wave potential.