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.