Digging Up Fossil

I first wrote about Fossil Group as a short nearly three years ago, when it was a triple-digit price. It has lost about 80% of its value since then, but besides pointing out this long-term downtrend, I also wanted to know that it seems after every one of these major smack-downs, there seems to be a recovery. This is a very, very sick stock, obviously, but at least take note of what happens when the stock sells off hard each time in the past.

(Click on image to enlarge)

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