May. 24 at 4:06 AM
Goldman Sachs just highlighted
$AS as a top consumer growth pick following massive global direct-to-consumer infrastructure scaling for their flagship Salomon brand. The weekly chart has compressed its price action directly into our primary line in the sand, positioning the tape for a major momentum shift ahead of the mid-year retail index adjustments. 👟📊
🎯 Levels to Confirm:
🐂 Bulls:
$AS must claim and defend
$37.05 on a weekly close to invalidate the breakdown and chase price back to
$38.82.
🐻 Bears:
$AS need to reject this trend intersection to accelerate a markdown flush toward the
$29.98 support shelf.
#AmerSports #ConsumerDiscretionary #SwingTrading #TechnicalAnalysis #hovdid
