gamer456148

VFC: Next Short Target is $60

Short
NYSE:VFC   V.F. Corporation
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, I am bullish VFC pre-earnings call and expect the next short target to be $60. If I held this stock however, I am not sure I would hold on to it all the way to its upcoming earnings call this week. Given the time period we are in, I don't have positive confidence for it. There are much higher growth stocks, but this is still not a bad bet pick wise. I think it is about to dip, which is why I would suggest a sell off to mitigate risk prior to a bullish retracement wave potential.

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.