KORS, mentioned in prior reports (see archives), is having a pocket pivot in today's trade. It is a straight-up-from-bottom pocket pivot so carries more risk of retracing before moving higher. Of course, since KORS is a leader, it may not pull back and just move higher from here. Position size expecting volatility in this one.
PPR - KORS pocket pivot
|Published:||1 May 2012 19:15 ET|
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