PeterSG

$TPR #Tapestry - fashion brand Bullish!

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NYSE:TPR   Tapestry, Inc.
$TPR #Tapestry!
1D Chart of my wife's favourite fashion #stock - they own #Coach & #KateSpade!
Concept: Use profits earned from capital appreciation in this stock to buy more Coach and Kate Spade products!

CHARTS:
- 1st SuperTrend BUY triggered.
- #VCCB candle - Olive green! (Indicates Strong buying volume >100% but <150% of its average 21Days.
- Look at Fib levels for possible targets.
- RS line curling up ( RS = Relative Strength ). Take note this is totally different from RSI ( Relative Strength Index ). We use RS to measure if an asset is outperforming a benchmark. The SPY is used as benchmark for this chart example. A Green RS line that is sloping upwards generally indicates the asset has stronger strength (outperforming the benchmark).

💡IMPORTANT DISCLAIMER: All Information, Commentaries and Opinions shared in this group are purely for educational and entertainment purposes and ARE NOT recommendations to buy or sell any stock, security, or asset. Please do your own research and due diligence, and exercise your own discretion for all trading and investment decisions.

💡Market Trends, Investment Cycles, Trade Ideas & Concept Setups using 𝐕𝐂𝐂𝐁 𝐏𝐎𝐖𝐄𝐑 𝐓𝐑𝐄𝐍𝐃 𝐒𝐘𝐒𝐓𝐄𝐌 (𝐏𝐓𝐒).

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