GOOS to further correct

Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE:GOOS)

Diupdate

NYSE:GOOS Canada Goose Holdings Inc. Subordinate Voting Shares

Correction to continue towards sub 32. If the May 'weekly' candle low of 31.67 is broken, the stock will continue towards 26.

Komentar:

(small mistake in chart "33.67 candle low" = *31.67)

Trading ditutup: target tercapai

Komentar:

UPDATE: GOOS has two options coming up. Either consolidating and quickly breaking the 20MA on the weekly (bull sign), or break the lower main trend-line and moving lower. GOOS is currently below the VWAP 'Decade' line which is bearish and could eventually send it lower. Getting above said level would send the stock to 50 and higher.

Komentar:

GOOS is set to jump on ER, downside a little more favorable now with a broken lower trend line and new low (to prior low). Could also jump above 40 in one go. Good setup for a 1:1 or 2:1 straddle or a strangle.

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