devicemxl
Short

KORS-160411-STO/VSA-G1D-SHORT

NYSE:KORS   MICHAEL KORS HLDGS LTD
NYSE:KORS             present the next symptoms:
  • is reacting to the 38.2 support line
  • strong resistance line around 60
  • the stochastic present an strong and fast bear trend
  • The price and volume present a big divergence.

The big down at price-volume weighted and the price reacting bull , plus the possible reaction in stochastic indicator meaby will be make a head and shoulders formation.
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