lauralea

ABC Bullish Double Bottom Bottom Fishing

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NYSE:RL   Ralph Lauren Corporation
RL has been in a down trend for a long time.
The retail environment has been tough. Short interest on the high side
A Lot of R overhead but there is some room overhead
A double bottom can always come back and form a triple bottom so be aware. Patterns change. The only thing that never changes is change.
Not a recommendation
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