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LEVI could potentially see its price upward correcting itself at the range of $14 – Crypto News
Today’s instrument is Levi Strauss, an apparel company, traded on the NYSE exchange under the ticker LEVI.
Looking at the Levi’s chartswe can see that the stock has been in a downtrend whereas it was last traded at around $13.25.
Last week, although it announced better-than-expected quarterly earnings, it trimmed its 2023 profit forecast, which led to a further decrease in the share price. Today, if it holds above the support level of $13, then we could see an upward correction towards the price of $14.
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