
TSE:GOOS
A complicated chart. Uptrend, then parabolic, then corrected, and now trapped in a head-and-shoulder formation, but today may be breaking that neckline. Perhaps there'll be resistance at $90. If it breaks $90, it'll be back on trend which will be a good story. His target is $90, which is not much upside, then see what happens.
It is almost like a tech company in valuation. That makes them subject to pretty big volatility. They signed with China for distribution, which is very positive. Fashions are fad companies so he is cautious. He is not going to buy this one due to valuation. It has too much fashion and valuation risk. He prefers names like AMZN-Q.