Three huge signings 2020: 1. J-Cole 2. Lamelo Ball 3. Neymar Jr.
Enough said...More notes in markup. I feel like Puma and UA are the new kids in town and have alot of momentum going for them! I love how PUMA is becoming a must-have in Futbol culture.
I see nothing but elevation from this point on. It already surpassed the 0.618% of the Fibonacci. I used the tool to retrace the previously overbought price trend @ $11.73 being the high in December 2020. From a technical standpoint, it seems as if price has bounced off of a new resistance which i believe was made in November '20. I see it broke through the new resistance which was around $9 in my opinion. It also seems as if there are dips being caught on the stochastic between the 51.39- 39.42 levels as marked. I believe a new support is being created and with so much fundamental analysis, I see a nice potential leap forward in regards to this brand in general.
Lamelo is the next big thing and this is why I'm buying in. I see alot of potential in this brand in comparison to an UA. Oh....one last thing....American Football technology and sponsorship...just watch..