Birkenstock Holding is a renowned German footwear company known for its iconic Birkenstock sandals. With a history dating back to 1774, Birkenstock has become synonymous with comfort and quality. The company designs and manufactures a wide range of footwear products that prioritize foot health and ergonomic support.
The stock is breaking to new highs following its basing pattern that was carved following its IPO. The trend here is clearly higher as demonstrated by the breakout and series of higher highs. So long as we’re above the breakout level, the trend in the stock is higher.
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