NYSE:MOV   Movado Group Inc.
In this company i observed these prices using fibo.tools :
- using Fib.Retracement (Daily mainframe) at 17.8$ , theres a good sign at level 23.6%
- using Fib. Auxiliary Retracement at 17.8$ we have an key level.
- using the Fib.projection at 18.5$ we have another good key level
- using Fib.Extension 1 . another key level using this tools i observed at level 161.80% at price 18.5$

Go back a little and take a look at the financial models the fair value of the company in three different case :
Bearish case 40.6$
Normal case 58.12$
Bullish case 58.81$

Summary
The price may meet the 17.8-19.00$ for the long term .
*** my transaction will be for the short term ,
Stop loss 8.90$
take profit 12.90$
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.