erdincer
Long

$KORS / Classic "Cup and Handle" formation.

NYSE:KORS   MICHAEL KORS HOLDINGS LTD ORDINARY SHARES
116 0 0
It seems as a classic "Cup and Handle" formation. KORS is consolidating in these days,
First target is $99-100, and then it can go to $105-108 area in coming days.

KORS is growing fast and continue its expantion especially in Europe. KORS brand is still moving up. I strongly belive Kors will keep on its growing earnings and revenue better than concensus expectations for next 2 years.
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