Ralph Lauren likely to bounce target point 83.5
Likely to bounce target point 83.5.
77.1 - our turning point.
Our opinion: The likelihood of a rebound to the target point 83.5.
Alternative scenario: the breakout of 77.1, Ralph Lauren may reach 75.3 and 74.1.
Comment: the RSI is below the neutral zone 50.MACD negative and above its signal line. the opposite configuration. In addition, the rate is below its 20 and 50-day moving average (respectively, are at levels 79.8205 and 81.8938).
Support and resistance levels:
85.9 **
84.7 *
83.5 **
82.4
79.22 (closing price)
77.9
77.1 **
75.3 *
74.1 **
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