Coach (COH) - 03-24-2008
March 24, 2008 at 10:45 pm · Filed Under Bearish, Swing Trades
COH is just another retail play that has a nice chart. It’s pushed up right against some resistance that’s been tested 3 times before, so it wouldn’t make a bad play if we experience some market weakness. Since $32.50 is such a strong level of resistance, it’s worth looking at if it breaks above too, with the correct play going long on the test of $32.50 as support.
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