showstopper
Long

Kors monthly reversal on the cards?

NYSE:KORS   MICHAEL KORS HLDGS LTD
16 0 0
Monthly chart definitely looks bullish . We had a downtrend which started in March of 2014. Doji formed right at support of the trendline on low volume showing that selling had exhausted.( Previous high volume bearish candles were probably an absorption taking place) The next candle was also a doji but bullish , since it had better volume confirming a possible up leg. Initial resistance of 48 needs to be taken first and above that start should definitely see higher prices in coming 2-3months.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out