US Stock In Play: $FOSL (Fossil Group Inc)
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 $10.40.
The immediate price test for further upwards momentum forFOSL is at $14.00, a classical resistance established in September 2019; some 14 months ago.
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 $10.40.The immediate price test for further upwards momentum for
FOSL is at $14.00, a classical resistance established in September 2019; some 14 months ago.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.