Fashion Could Deliver a Triple Digit Gain in a Month...READ MORE
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Fashion Could Deliver a Triple Digit Gain in a Month
Fashion has a tendency to change rapidly and that can make it difficult for investors to determine which companies they consider trading in the sector. Fans of Project Runway will remember supermodel Heidi Klum's warning to the designers that "one day you're in and the next day you're out."
He made a $450 million deal with Nokia... a $395 million deal with Microsoft... an $828 million deal with Cisco... and a $29.26 BILLION deal with Apple.
How did the CEO of a stock trading for just $3 do it? And just how high will the stock go as a result? The incredible story here.
Despite the fickle nature of the industry, some trends have staying power. We identified a trend that has been capturing market share since at least 1979 and has become increasingly popular in recent years. That popularity has delivered profits for one of the retailers specializing in that trend.
We look at that company in our recent article and we identify a potential trading opportunity in the stock. We recognize that there is potential risk in the fashion industry and consider that before looking for a specific profitable opportunity.
The strategy we identify to limit risk can precisely define the amount of money a trader can lose the moment they place the trade. Using recent market prices, we found a trade that carries $200 in risk. The potential gain on that amount of risk is 150% and that gain is possible within one month.
The details of the fashion icon we identified, the risk limiting strategy and the specifics of the trade are all right here.
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