Looks good before earningsInverted HS, earnings upcoming on 11/07. Stock history shows that the stock doesn't change the trend after earnings. I opened a position ion Friday but still good to to buy.
FOSL trade ideas
Fossil Group (NASDAQ: FOSL) Forming a Descending Wedge Pattern FOSL has been in a downtrend since June 2021, when it reached a 52-week high of $6.08. The stock has formed a descending wedge pattern, which is a bullish reversal pattern that indicates a possible breakout to the upside.
The stock has recently crossed above the resistance line of the wedge, which is a positive sign of a trend change. The stock has also formed a golden cross, which is another bullish signal that occurs when the 50-day moving average crosses above the 200-day moving average. The stock is now trading above both the moving averages, which are acting as support levels.
FOSSIL Stock Chart Fibonacci Analysis 050323Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 3.34/61.80%
Yuuuge possible upside from... $FOSL?!We've got a working trend line the price has nearly met, a nice little pocket of a wedge we're working to fill, a double bottom, and bottomed out fibonacci retracements... Might this be a good buy for a doubling or tripling of money, in the next year? This little wedge looks like it might take a number of more months to fill in, but aside from that?
Of course.. it can always continue to trade sideways, too. But worth a glance! Thoughts?
*Not trading advice.
Fossil Group Weekly Technical AnalysisFOSL Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channels, Confluences - Hope it Helps, Good Luck
Buy $FOSL - NRPicks 17 DecFossil Group, Inc. designs, develops, markets and distributes consumer fashion accessories in the United States, Europe, Asia and internationally. The company offers its products under its proprietary brands, such as FOSSIL, SKAGEN, MICHELE; and under licensed brands, ARMANI and BMW.
Revenue TTM 1.7B
Net Income TTM 1.8M
EBITDA TTM 139M
Debt/EBITDA TTM 1.49x
P/S 0.29
P/B 1.13
FoslFosl is living on this 11.45 support. I’m super impressed how it held up here. Deep consolidation within these ranges. I’d be a buyer of that level unless of course it breaks. As long as it above 11.45 it’s a buy area ! Big targets for this thing when it finally rips out of this range
FoslMy buddy pointed this one out to me had me look at the chart, all I can see is a solid uptrend this thing likes to rip when it gets a nice bounce. It looks like it has a down trending resistance squeezing it against long-term support. It has a lot of support from ichumochi cloud at 1372 I feel this should be a pretty easy trade at least up to 1558 however if it was to break that they could have a pretty decent size run. I can see aPotential W pattern forming. We hoped in 13.84 levels
FOSL - Could be the next one!IH&S implied move is first green line and C&H 2nd green line is 2nd PT. 9EMA coming up and ready to push this higher. GL
FOSL Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$FOSL - Fossil Group, Inc. - Common Stock
Initial Alert Price: $10.13
Price High: $28.6
% Gains/Losses: 182.33%
(+161.57% More Than Expected)
Potential Stop Loss: $27.17
FOSL broke out to the $28.30 PriceLevels in today's trading session providing a 182.33% Returns on our initial trade alert on Jan. 12th. The stock retraced to the $20.69 Price Levels and closed today's trading session, moving between the $22.12 - $23.93 Price Ranges. We are not currently seeing strong selling volume at this time, so we will be keeping this trade alert opened until we see otherwise. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
$FOSL Fossil Group Bulliah Trade
Stock reclaimed the 20ma as support.
Potential entry above resistance level
Target $10.50
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 for $FOSL is at $14.00, a classical resistance established in September 2019; some 14 months ago.
$FOSL Fossil Group Surges on Earnings Beat Fossil (NASDAQ:FOSL) soars after reporting a revenue drop of 19% in Q3, which its says was better than expected, due to continued strength in both owned and third party e-commerce, strong growth in Mainland China and modest improvement within the wholesale channel globally.
Sales from the company's owned e-commerce websites increased 66% and third party marketplace e-commerce sales increased 44% compared to a year ago.
"We are making good progress on our strategic priorities, with accelerated initiatives around our digital expansion programs and structural cost reduction efforts. Given the uncertain environment, we are remaining agile and continuing to closely manage liquidity, expenses and inventory as we position the business for future growth," notes CEO Kosta Kartsotis.
FOSL-BULL WILL GO BANANASStock is made clear 5 wave down and looking bottomed we recomend to buy this stock and target above 20
FOSL-BULL'S WILL GO BANANASSTOCK is made bottom and likely to move higher! We recomend to buy this stock with target above 15USD.
