timwest

REPUBLISHING Michael Kors KORS forecast from June 10

NYSE:KORS   MICHAEL KORS HLDGS LTD
239 2 4
The pairs trade was the way I suggested to hold onto KORS short through this trade and just thought I'd show the "KEY HIDDEN EARNINGS LEVELS" and how they have acted throughout the decline in KORS. Note how the 84 level was resistance once KORS gapped through it in July. Also note the 77 level which acted as support on the first test in July.

I removed the Coach information from the chart, just to highlight the KORS projection.

Tim 2:02PM EST Monday, 8/4/2014
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
timwest PRO
2 years ago
KORS held nicely on the lower "hidden earnings level" of 76.8 - I'm looking to short on rallies to the upper resistance area near 84.
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2use
2 years ago
Has the bit of gap to cover? It went straight down since your forecast :)
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