The S&P is currently trading 2.3% lower to 1,247 and the Dow Jones Industrial Average is trading 2.1% lower to 11,920.
Luxottica share prices have moved between a 52-week high of $34.43 and a 52-week low of $23.99 and are now trading 17% above that low price at $28.02 per share.
Over week before 9 Novber, the 200-day moving average has rained constant while the 50-day moving average has rained constant.
Luxottica has potential upside of 24.9% based on a current price of $28.02 and analysts’ consensus price target of $35.00. The stock should find initial resistance at its 50-day moving average of $28.04 and further resistance at its 200-day moving average of $30.32.
CR Labs to showcase cutting-edge technology at O-SHOW24
Melbourne lens manufacturer, CR Labs, is set to showcase the industry’s latest technological offerings to “advance the field of independent...