timwest
Long

Michael Kors - KORS -Daily - I can't believe I'm saying this ...

NYSE:KORS   MICHAEL KORS HOLDINGS LTD ORDINARY SHARES
276 9 6
But it actually looks like a buy here. The MACD is crossing up.

Risk only 1 point to make it up to $74-76 from $72.16 last.

I've put out several successful shorts on this "over-loved", "over-valued" stock but now that it refuses to go down with the market, it looks like it is due for at least a rebound rally ahead of the holiday selling season.

It is above the lowest two-days highs and might be a low-risk buy here.

Tim
10/2/2014 10:45AM EST

Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
Resistance from several areas.
snapshot
Reply
EXIT --- 76 last+

4 pts - zero loss along the way.
Reply
It's bouncing at the 500day MA as well
Reply
your timing is awesome!
+1 Reply
timwest PRO elcololp
Thanks elcololp - I wish it always worked that way.
Reply
Good call man...
+1 Reply
Trading - there's a time to sell until there is a time to buy. :)
Reply
Where would you putting your stop on a buy of this particular instrument?
Reply
timwest PRO justindanethan
Risk was 1 pt from entry.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out