Fossil Group, Inc.
Pembelian

FOSSIL Cup and Handle

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Long term Cup and Handle formation for FOSL.
If the bullish wedge currently forming the handle breaks out, the stock should try to fill the gap between $37 and $39, which would be a good place for initial profit taking.
Based on the size of the cup and handle formation, around $59 should be a final price target.

Remember this is a long term chart pattern and could take some time before reaching the targets mentioned above.

Pernyataan Penyangkalan

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