Great support during the last sell-off. This happened due to soft earnings expectations, and outlook. Brands are good, and if Trump can get some more employment going, these brands will be good sellers for the low and middle class America. Low and Middle Class has grown, with Value Buyers all around. Yesterday these jeans were selling in one store for $10.00...
Short < 55.2 Stop - 55.51 Target - 54 / 53.5
VFC is now $64.01 and has entered the target price zone.If you took this trade our system indicates you should consider taking profits in this price area. Review the trade on the HPS section of DayTradingRadio.com for the details of this trade setup. You should, as always, perform due diligence before taking any trades.
While other stocks have rallied this year, VFC has been in consolidation. Although this has lasted several months, the actual price range was fairly tight, sticking around the $60 mark. After breaking out in September price retested the top of the consolidation zone before continuing it's upward trend. Yesterdays bar confirmed a bullish flag and price is now...
The nearest resistance coincident with the lower boundary of the gap.
There might very well be a right shoulder formation as it descends into the 200EMA. Although the market cap of $VFC is the top of the range, the volume can be scary. Sincerely, Beauty (( V.F. Corporation designs and manufactures, or sources from independent contractors various apparel and footwear products primarily in the United States and Europe. The company...