Users: Holy Hand Grenade: MOV.jpg

MOV.jpg

MOVADO line in the sand at $24.50. 
50% Fibbo broken. 
Target 61.8% retracement at $20.87 
Would you rather own a Movado or an Apple I Watch for the same price? Note heavy TV ad spending smacking of desperation.

Comments

Nf6Nf6
To tell you the truth, I would rather own (and do own) a Movado. 8/6/15
Holy Hand GrenadeHoly Hand Grenade
So, uhh, not one of the estimated 3 million Apple watches sold so far since April have had an impact on Movado's sales? Well, fit-bit me! 8/6/15
Holy Hand GrenadeHoly Hand Grenade
http://finance.yahoo.com/news/apple-helps-push-u-watch- 084547794.html 8/7/15
Holy Hand GrenadeHoly Hand Grenade
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. 8/7/15
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