Breakout over 28.50.One of the years strongest stocks and doesn't seem to be letting up soon as investors look for other, more forward looking ways, to play the financials.
KORS has held up extremely well during the correction of the last, lets say 6ish weeks. Bouncing around between 52/54, creating a nice solid base.
None of the previous breakouts over 54 in September held, but the one that occurred on 10/16 did. KORS pulled back in a bull flag on decreasing volume to retest the breakout level on 10/26. Acting strong, set up to lead.
