L'oreal, a French cosmetic giant is forming a possible buy position for investors. What am I looking at?
1. I am seeing forming of a Cup and Handle formation on a weekly time frame, which looks very nice.
2. Next important thing to consider, the price of the stock regained 50MA on weekly time frame , which is considered a nice bullish move and a chance to "get...
Double top on #LOREAL #LOR
seems to be in progress
and a further weakening of the eurozone
By the time this massive double top has confirmed with a breakout
a 1/3 of the stocks's value would have been shed
Ultimately if we get a major downturn
Loreal could be down to 150 zone
📌 So what are we trading here today?
Generally speaking, European Equities including CAC are under severe pressure and need a herioc sacrifice from ECB which is just not in play. Additionally we also have a fresh catalyst from the latest Macron stance triggering boycotting and prevention of L'Oreal products in Muslim countries.
There is a lack of...
This is just my thought, the world's fundamentals have changed. Cosmetics, Make-up and general beauty products utilization has decreased noticeably due to the pandemic. If people are wearing a mask, or working from home, they don't really use these types of products. Unless a vaccine appears soon, I think this stock will see a noticeable decline to around 250.
loreal will x5 in a couple years, this is to keep track of my 10 year portfolio where invest 10million into one company and hold, then sell and compound growth over the following years
We are seeing a great entry point for NYSE:COTY .
The company has been hit by the current crisis and the stock has plunged after the Earnings Report released this Monday 5/11. Investors have left their positions due to concerns around financial conditions, bad results and dividends on hold.
Currently, the stock is on its historical lows, which makes it a great...
