Another month, another chart. Here is a KORS update - it appears poised for a little run and the opportunity to exit the position as I do not see much upside in the near term above $65. After wave 5 concludes around the target price, expect a correction to around the top of wave 1 area (around $55). Wave 5 will probably be around the same duration as wave 1 - around a month or a little more.

KORS 2013-03-04.jpg