Short term target 1100p26 Jan 2023 14:23
We will probably hit this in the next few weeks in the meantime shorters will be getting out, evidently this is not a sell anymore and a BUY, slowly but surely this is going to pop, shorters holding this will be nervous.
On a separate note, I pay for a website that analyses website traffic and Asos.com increased from December to Jan, and duration also increased on the website meaning more people buying.
Also to note is Mike Ashley’s stake in the company which could lead to a partnership or even a full blown takeover.
Interesting times ahead