The TPR (Tapestry Inc.) short trade setup posted yesterday has triggered an objective short entry on this breakdown below the bearish rising wedge pattern with an alternative entry or add-on to a partial/starter position taken here to come on a solid daily close below the trendline. Previous & updated daily charts below.
TPR daily Oct 9th
TPR daily Oct 10th
Correction: TPR broke down yesterday. I received another price alert on TPR today as the stock managed a stick save yesterday (reversed to close right back on the uptrend line following yesterday’s intraday breakdown) and has broken down below the trendline again today, once again offering an objective short entry with a solid close below still offering an objective add-on to a starter short position and/or an alternative entry, for those preferring to see a daily close below the wedge.