Long Position on RVLV @ $37.70 on 7/15/2019 (Momentum)

Revolve Group, Inc. (RVLV) operates as an online fashion retailer for consumers in the United States and internationally.

The company operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands.

It provides women's apparel, footwear, accessories, and beauty styles under a range of established and emerging brands, as well as owned brands.

Revolve Group, Inc. was founded in 2003 and is headquartered in Cerritos, California.

Shares of this recent IPO have come down to a support trendline and are expected to move higher from their present levels.

Entry Point: $37.70

Stop Loss: $35.75

Trading Range: $25.11 - $48.36

Target Price: $41.50

Updates

7/18/2019 2:16:06 PM

RVLV closed at $35.00

Position closed on 7/18/2019 at price of $35.00 with a -7.16% loss in 3 days.

Back to Portfolio