Today's price action hit the demand zone, if this is retest, then expect to see upward action again. This is a luxury brands operator, owning Michael Kors, Jimmy Choo and Versace, all brands at diff stages, MK is a cash cow funding the expansion of Versace and Jimmy Choo. Versace and Jimmy Choo have extensive upside if they can grow the group whilst MK carries...
This has been a strong stock, driven by the success of UGG and HOKA, these 2 brands cannt do much wrong. UGG is a Cash cow, and they have managed to diversify the range and customer. HOKA is currently the best running shoe brand, and its growing and growing. Deckers is valued at 24 times PE, so it's not far behind Nike On Holdings or Lulu , but miles ahead on...
This has been above 50 MA.....and a big bullish engulfing candle today, so there is some strength. This should be hitting 8's soon. Fundamentally this could over time be a beautiful multibagger.....
Seems to be trending up, heading to 38% Retracement, and maybe 50% SL placed under the Support Buy Zone.
I love Jeff Mills, but today General Mills is trading at the Supply Zone. My view is it's likely to head back to the last highs.
Following the Gap on the results, where after the results the price dropped to 400, it's been on the retreat since backto 458. This is also 38% on the Fib, and looks to have rejected the level so expect to see this head down. Have captured the supply and demand levels and expect to see 400 retested sometime soon and then heading to 342......