For those who are concerned about the harsh downturn on this stock take a breath.
Market is having a knee jerk reaction to the AMZN news about them moving to take on TEMU n SHEIN. IMO their is room for all three in this sector as nobody is stronger than the American consumer.
✅We are still in the handle portion of the pattern on the weekly/monthly charts.
✅$126 should hold at that volume shelf
✅MACD STILL IN AN UPTREND
✅RSI MAKING HIGHER LOWS
Maintained:
🎯 $212
🎯 $232.36
NOT FINANCIAL ADVICE 🖖