🛋️ Restoration Hardware ($RH) – Luxury Breakout Loading

RH is setting up for a surprise. While the market’s focused on macro headwinds, we’re watching surging outlet web traffic, real estate arbitrage, and bullish options flow building beneath the surface.

Short interest is high, retail sentiment is bearish—but institutions like TD Cowen are bullish and leaning in. With improving fundamentals and smart positioning, this could be the breakout setup nobody’s ready for.

We’re long into earnings with call exposure targeting a move toward $270–$300 if guidance exceeds expectations.

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