On Cloud Just Got Even More Interesting - I'm Watching Closely

已更新

I have been watching On Cloud and love their shoes. I wear them all the time now. In-fact, I bought some shares a while ago simply because I enjoyed wearing them so much. The chart above highlights some other levels I am watching if this trade can keep up:

1. The company's resurgence above its IPO price indicates a renewed investor interest, suggesting a positive sentiment towards its growth prospects.

2. Moreover, its expanding presence in the US markets signifies a broader consumer base and potential for increased revenue streams. This widening adoption could be indicative of a strong market position and strategic initiatives driving market penetration.

3. One of the standout factors contributing to On Cloud's appeal is its transition into a premium brand. Establishing oneself as a premium brand in a competitive market is no easy feat, highlighting the company's ability to deliver superior products and capture consumer loyalty.

This shift not only enhances brand value but also opens up opportunities for higher margins and sustained growth over time.

However, despite these positive indicators, there are key technical aspects that investors should monitor closely including the following:

1. The need to surpass a recent prior high, maintain controlled volume levels, and ensure the upward slope of moving average ribbons are all critical factors that could validate On Cloud's bullish trajectory.

2. Keeping an eye on these metrics will be essential for investors to gauge the sustainability of On Cloud's upward momentum.

3. Additionally, with established giants like Nike, Under Armour, and possibly Adidas in the mix, On Cloud's ability to carve out a distinct market niche will be a key factor in its long-term success and investment attractiveness. This is a competitive space.

I look forward to updating this chart 1+ year from now.

This is a LONG TERM trade.

註釋

The level clearly break out and it's held nicely since. It's moved way faster than I had planned. Watching especially closely up here. There is no doubt they have done wonderful with their brand and sales. Also, the quality remains absurdly impressive.