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Analysis: #NYSE: #AVP

Case 6 #Avon Products Inc (AVP)

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to place trades.

Please do your own research!

Thread πŸ‘‡πŸ‘‡πŸ‘‡

1/7
A once healthy stock turned very bearish ever since reaching the 2005 highs. New all time lows were then seen in 2019.

This stock has multiple upside resistances.

2/7
Chart 1
Monthly: Vertical trend support around $2.31 has turned into a monthly pivot. The 10 year #trendline vapourised long ago. Red monthly trendline pivot now acts as .....

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Read 8 tweets
Cases 5 #AVP & 6 #NATU3

"SΓ£o Paulo, October 4, 2019, - Following the announcement in May that #Natura & Co had reached an agreement to acquire Avon Products, Inc. (β€œAvon”), Natura & Co today announced that it has completed important steps towards closing the transaction."

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AVP / #Avon Products, Inc. 425 - #Merger Prospectus - FORM 425 - October 08, 2019

fintel.io/doc/sec/8868/0…

2/4
#Shares in both companies #AVP and #NATU3 ended over 9% higher on Wednesday as investors cheered the consolidation. Avon shares jumped 9.1% and Natura reversed early losses to end 9.4% up.

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Read 4 tweets

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