Tapestry, Inc. (tpr) Back On A Roll?

Discussion in 'Investment Charts' started by Chartman, Aug 15, 2018.

  1. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    703
    Likes Received:
    8
  2. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    Interesting price graph as DT's tariffs cannot be helping business? The items which TPR sells are surely classed as luxury goods which are the first to be hit if an economy takes a down turn. There is much mention of increased sales in North America - does the company sell around the world?
     
  3. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    Some stockmarket movements this year have been unpredicatable to say the least and this one falls into that category. Handbags and similar goods are and always will be, especially those towards the higher end, seen as luxury items which are often the first casualty of any downturn. I also agree about the comment about tariffs - where will it all end?
     
  4. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    Looking at the graph we might see a pullback towards $48 or $49. As long as the shares were to hold above the support line they might be worth looking at. Would this company make a tasty morsel for a larger company looking to expand?
     
Tags:

Share This Page