Long term potential for COTY, Inc
Coty Inc. is a French-American multinational beauty company founded in 1904 by François Coty. With its subsidiaries, it develops, manufactures, markets, and distributes fragrances, cosmetics, skin care, nail care, and both professional and retail hair care products. Coty owns around 77 brands as of 2018
Price has made it's way back to the MAJOR once in a life time critical zone = the 13 dollar support and resistance zone
Should price break above 13 in future, it has no issue gradually propelling towards previous high of ~35 and even further in the future
However, if it gets rejected another time, short to medium term, price could have a swift retracement back to 6.20 zone before working harder
Just my own research opinion, not buy or sell call!
Price has made it's way back to the MAJOR once in a life time critical zone = the 13 dollar support and resistance zone
Should price break above 13 in future, it has no issue gradually propelling towards previous high of ~35 and even further in the future
However, if it gets rejected another time, short to medium term, price could have a swift retracement back to 6.20 zone before working harder
Just my own research opinion, not buy or sell call!
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