Bullboard - Stock Discussion Forum Aritzia Inc T.ATZ

Alternate Symbol(s): ATZAF

Aritzia Inc. is a Canada-based vertically integrated design house. The Company is the creator and purveyor of Everyday Luxury, home to a portfolio of brands for every function and individual aesthetic. The Company provides personal shopping experiences at aritzia.com and in its 115+ boutiques throughout North America. The Company’s product categories include activewear, blazers and suiting... see more

Add To Watchlist

TSX:ATZ - Post Discussion

Aritzia Inc > Rounded bottom = Dependable Indicator = Sharp Rally!

View:

Post by IntrinsicValue1 on Jan 24, 2024 11:39am

Rounded bottom = Dependable Indicator = Sharp Rally!

$50+ is current target from latest charting! Get ready!!! Below is a summary of the Aritzia stock situation from a broker charting tool, one week ago, suggesting $44-$48. The set up has become stronger since then as it prepares for a powerful rally.

There has been a gradual shift from a downtrend to an uptrend; there may be a sharp rally ahead. The rounded bottom represents a slow and gradual reversal of the trend from down, to sideways, to upward. Volume diminishes near the bottom as the stock trades within a range, and finally bursts as investors become more decisively bullish. While rarer than other reversal patterns and often longer term, rounded bottoms usually mark a major turnaround.

https://stocktwits.com/10BaggerIntrinsicValue/message/559019477