COTY trade update long
COTY together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. The company operates in three segments: Luxury, Consumer Beauty, and Professional Beauty and has 9.49B market cap.
Recently they bought 51% stake in Kylie Cosmetics, Kylie Jenner’s beauty company. Stock expected to continue rising.
Downtrend line tested 3rd time on the news release of the purchase and confirmed. Going into wave 3, buy the break of resistance and trend line.
Early entry possible is we make a low again before the spike with best risk-reward.
Good Luck!
Recently they bought 51% stake in Kylie Cosmetics, Kylie Jenner’s beauty company. Stock expected to continue rising.
Downtrend line tested 3rd time on the news release of the purchase and confirmed. Going into wave 3, buy the break of resistance and trend line.
Early entry possible is we make a low again before the spike with best risk-reward.
Good Luck!
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