FOSL has been in a downtrend since June 2021, when it reached a 52-week high of $6.08. The stock has formed a descending wedge pattern, which is a bullish reversal pattern that indicates a possible breakout to the upside.
The stock has recently crossed above the resistance line of the wedge, which is a positive sign of a trend change. The stock has also formed a...
We've got a working trend line the price has nearly met, a nice little pocket of a wedge we're working to fill, a double bottom, and bottomed out fibonacci retracements... Might this be a good buy for a doubling or tripling of money, in the next year? This little wedge looks like it might take a number of more months to fill in, but aside from that?
Of course.....
FOSL Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channels, Confluences - Hope it Helps, Good Luck
Fossil Group, Inc. designs, develops, markets and distributes consumer fashion accessories in the United States, Europe, Asia and internationally. The company offers its products under its proprietary brands, such as FOSSIL, SKAGEN, MICHELE; and under licensed brands, ARMANI and BMW.
Revenue TTM 1.7B
Net Income TTM 1.8M
EBITDA TTM 139M
Debt/EBITDA TTM 1.49x
P/S...
Fosl is living on this 11.45 support. I’m super impressed how it held up here. Deep consolidation within these ranges. I’d be a buyer of that level unless of course it breaks. As long as it above 11.45 it’s a buy area ! Big targets for this thing when it finally rips out of this range
My buddy pointed this one out to me had me look at the chart, all I can see is a solid uptrend this thing likes to rip when it gets a nice bounce. It looks like it has a down trending resistance squeezing it against long-term support. It has a lot of support from ichumochi cloud at 1372 I feel this should be a pretty easy trade at least up to 1558 however if it...
BREAKOUT STOCK ALERT UPDATE
$FOSL - Fossil Group, Inc. - Common Stock
Initial Alert Price: $10.13
Price High: $28.6
% Gains/Losses: 182.33%
(+161.57% More Than Expected)
Potential Stop Loss: $27.17
FOSL broke out to the $28.30 PriceLevels in today's trading session providing a 182.33% Returns on our initial trade alert on Jan. 12th. The stock retraced to the...
With $SPY erasing all the weeks’ gains during last night pullback, $FOSL remains resilient to the general market weakness, outperforming with a +9.38% cumulative gain for the week.
$FOSL is currently treading with its previous high volume upper trendline resistance (broken out) as its immediate support zone, confluence with a classical support level at...
