KORS should trade enough volume for a pocket pivot. We have reported on KORS in prior reports. It had a recent buyable gap up, then traded in a tight, constructive, sideways manner over the last few days. It is now breaking above this sideways consolidation. While it could be considered somewhat extended, the strong price action over the last two weeks could warrant adding to one's position here assuming one bought somewhere within the range of the buyable gap up day.
PPR - KORS pocket
| Published: | 24 Aug 2012 18:18 ET |
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