User: Holy Hand Grenade: Moving Averages: KORS.jpg
KORS.jpg
KORS: I see a 100 week moving average crossing a 200 week moving average. I see buying exhaustion after a 71% rally within 90 days. I see resistance as we hit a 2 year old bear channel. And I see a nice lateral pivot line, shown in dotted red. I see no top-line growth, huge stock buybacks (now over) and lower tax rates masking its collapsing operating margins.
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