Michael Kors holdings KORS:
1. During the week of Sept. 15 in our Williams edge stock meeting it was noted that any sustained break below $1975 in Michael Kors should be sold short for a quick decline to $71/$70.
2. On Tues., Sept. 23 Michael Kors closed the session at $74.45, below the critical $75.00 level. This indicated new short entry. The market quickly declined to the $71/$70 downside target on Sept. 29 (session low, $70.44). This completes the intended trade.
3. Will message any further entry or indication in Michael Kor as the market confirms.
David Williams