9Mon·

7 months in review - well, it wasn't an ideal start 🤷🏽‍♂️

$BRBY (+0.07%) In retrospect, the resistances were passed through without downward resistance 😅

In the meantime, my position is up a few percent again, having been flushed upwards in the wake of the good Q4 like all luxury stocks.

However, considering the +85% increase since the summer, there would have been better entries.

Now I'll let it continue to run, let's see how it develops $BRBY (+0.07%) the next few months.

TomTurboInvest

@TomTurboInvest

1Yr·

$BRBY (+0.07%) Burberry - a short-term gamble or a medium-term speculation on the turnaround🧐

After a quick look at the chart, this fits in perfectly with my preference scheme for my risk share in the portfolio💸

What are the key points in the chart for me?

Short-term view:

Although the gap from January has already been closed, it could be approached again. This is already my first target🎯

I also like the view a little further back into Q4/2023 to the gap from November 🎯

These are already 2 marks (1350p and 1650p) with potentially nice returns🤑

Medium/long term view:

Long term, I like the current area around 1000p , because it has always provided good support since 2011.

Daily chart until the Corona Down:

(green 200 GLD / orange 38 GLD)

Weekly chart way back 🔎

All in all, this was tempting for me and I opened the position with a first tranche of 160 shares. Now it's time to see what happens...

Target size: an additional 2-3 tranches of around 2k each

@BamBamInvest Thanks for drawing attention to this!

@7Trader Keep a close eye on it!

17 Comments

TomTurboInvest@TomTurboInvest

9Mon

🥹😬😁 @BamBamInvest @7Trader

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Dividendenopi👴@Dividendenopi

9Mon

Everything done right. A big plus today after the sales figures. Although they still fell, they were significantly lower than expected

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TomTurboInvest@TomTurboInvest

9Mon

@Dividendenopi Yes - my medium-term assumption was OK 😉

Burberry is a solid brand. I was just too early, i.e. my assessment of the "bottom" was not so accurate. You could have gotten a lot more out of it - more than +110% since the low in the summer, but didn't want to add more in the summer for safety reasons. But the perseverance was worth it, today I am back above +20% - i.e. now I will set a trailing SL 🙂

But it's also good to share your not-so-good hits, I didn't expect it to take off like this today - but I'm happy to take it.

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Psychorex@Psychorex

9Mon

And ZACK as a reward it goes up 10% 😜

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TomTurboInvest@TomTurboInvest

9Mon

@Psychorex As tough as it is sometimes on the stock market, on days like these it's fun 🤩
In addition to Burberry, $NOVO B is also a lot of fun today 😃

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Psychorex@Psychorex

9Mon

@TomTurboInvest oh my shame :) JUHU. 🍾 Had bought them on the low too... now we can both have a reason to be happy 😃

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TomTurboInvest@TomTurboInvest

9Mon

@Psychorex If $NU takes off on the US stock markets this afternoon due to Warren Buffet's entry $BRK.B, then I will also open a 🍾.

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Deleted User

9Mon

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