The price of CPRI is way below its fair value. Now all the MA have crossed and there is a clear change in tendency upwards.
Right now there might be a horizontal channel but will eventually go up.
Shares of CPRI (formerly KORS) have esatablished a new uptrend (white line) after breaking out of a downward trend (red line)... That downward trend has also served as support, which bodes well.
The OBV is improving and demonstates buyers are gaining control, and technical indicators like RSI and MACD seem to validate the bullish thesis.
I'm long both shares...