Gavekal Capital: 2 Out Of Fashion US Luxury Companies
Wednesday, October 30, 2013
2 Out Of Fashion US Luxury Companies
Coach and Ralph Lauren are two US luxury retail stocks that are currently out of fashion with investors.
Coach has been in a persistent downtrend since the beginning of 2012, and it has accelerated on the downside so far in 2013.
Ralph Lauren looks like it is following the same pattern, having recently broken down from an area of support.
GaveKal USA Team
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