Sportswear manufacturer #ADIDAS dropped overall -47% after they had to close their local shops cause of Covid and got terrible expectations for Sales.
If we comparing the blue indicator (TEXTILES & APPARELS Index - TSE/TXA) in the chart we can see that we already reached the bottom of the crash (maybe). And the white indicator (Nike) give us a picture what stock growth we could expect.
I´m calculating with a fulfilling channel run, good risk/award ratio as a long-term investment.
Your Sincerely Christian S.
If we comparing the blue indicator (TEXTILES & APPARELS Index - TSE/TXA) in the chart we can see that we already reached the bottom of the crash (maybe). And the white indicator (Nike) give us a picture what stock growth we could expect.
I´m calculating with a fulfilling channel run, good risk/award ratio as a long-term investment.
Your Sincerely Christian S.