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I Hate Kate: First Touch Setup

NYSE:KATE   KATE SPADE & CO
140 1 0
Keeping an eye on this setup. First touches always pop back to support lost. The most ideal long entry would be around 24, but 28 most be lost before that can happen. Since we held 28, I'm looking for initial target of 31. Ultimately I like a target of about 36 back to what we just lost.
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