I have been holding Micheal Kors, KORS since October 16, 2012 and I got in the stock via technically with charts. I did my reading and research about how KORS was growing and taking business from Coach, COH, and since it stayed in a trading channel, I decided to hold the stock. This morning was the moment of truth when KORS was due to report earnings before the markets opened.
KORS - not only did they beat their expected earnings, they also increased guidance for the future. Looking at the pre-market chart I should get a 10-11% pop and I'm hoping this holds.