From PJs to Jeans
Why LEVI?
1. Solid earnings
2. Strong online sales - less dependency for box stores
3. W/Vaccine on the horizon it's going to be time to trade in the PJs (zoom meetings) for jeans and slacks (in person), hence increased sales
4. Management has held up the company through COVID and the stock is closing in our pre-covid prices.
Technical:
Cup & Handle formation seen on the chart
1. Solid earnings
2. Strong online sales - less dependency for box stores
3. W/Vaccine on the horizon it's going to be time to trade in the PJs (zoom meetings) for jeans and slacks (in person), hence increased sales
4. Management has held up the company through COVID and the stock is closing in our pre-covid prices.
Technical:
Cup & Handle formation seen on the chart
Dagangan ditutup: sasaran tercapai
sell in May
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.