PeterSG

$TPR #Tapestry - fashion brand Bullish!

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).

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

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