Silvestrov

Coty - finally, some progress

Long
NYSE:COTY   Coty Inc.
Did not fully work as planned on first recommendation, as price continued to consolidate in what appears as major bullish flag. But today on earnings release, we finally got strong follow through.

Still needs to clear resistances ahead, but overall looks promising as a major turnaround play this year.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.