KORS is having a pocket pivot/base breakout on a strong earnings report. Earnings and sales are particularly strong and accelerating, and institutional sponsorship has increased every quarter since the company went public. The caveat with KORS is it has done secondaries every time the stock breaks out or goes on a run, which sets the stock back into its base.
PPR - KORS 5/29/13
|Published:||29 May 2013 14:23 ET|
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