RALPH LAUREN CORPORATION 30% Crash Incoming (Bearish Divergence)

If RALPH LAUREN CORPORATION ( RL ) closes the month below 123.81, we will likely see a 30% drop . The probabilities of this happening are very high since bearish divergence is already showing up on the RSI (magenta line).

Expect RALPH LAUREN CORPORATION to crash hard in the coming months.

Other signals in shorter time frames validate the incoming crash. Time to sell.

If you enjoyed this analysis, please hit LIKE.

Thanks for the support.

💬 Free |

🌐 Alan Masters Trades PREMIUM (🔥 Discount code: 66OFF)

🅰️ TOP Altcoins Signals|

⭐️ Binance Calls |

💎 BitMEX |


What's the difference between this run up and the one that happened between 2010 and 2012, where the trendline was breached, but the price stayed around the all time highs for the following 3 years?
alanmasters Swingman39
@Swingman39, The trendline is to represent the divergence and not that it was breached. The divergence is the strong signal here.
Thank you for this one!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out