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Michael Kors Holdings Attempting Breakout Here...

Published 05/09/2017, 12:34 AM
Updated 05/14/2017, 06:45 AM

Shares of Michael Kors Holdings Limited (NYSE:KORS) are attempting to breakout today. The stock is currently trading at $38.47. Based on current charting, a close above $38.50 will likely send it to $41.30 within a week or two. The $41.30 level is a gap fill, known in technical analysis as resistance. This is a solid chart breakout play for investors who trade off the stock charts. Michael Kors Holdings is bullish here and likely to make money for those buying..

KORS Daily Chart

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