KORS are massively “oversold”, but I cannot understand how some people support the bullish scenario without any single hint of a price reversal. KORS shares (4 years) Charts from stockcharts.com Please read the Disclaimer!
Click the following link to read my article on INVESTING.com: http://www.investing.com/analysis/michael-kors-holding-(kors)-preview-for-april-7,-2015-247329 Content provided to and re-published from http://www.INVESTING.com Please read the Disclaimer!
KORS shares have under-performed the market during the last year but could find nice support at long-term Fibonacci level before the next leg up starts. KORS shares (4 years) Chart from Investing.com Please read the Disclaimer!
No sign of a downtrend reversal yet but KORS shares could find some support in the $53- $60 area before the next long-term leg up starts. KORS shares (4 years) Chart from Investing.com Please read the Disclaimer!