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Breaking Boards: Successful Trades and Lessons Learned 71
50 45 40 35 30 25 © 2012 Investor’s Business Daily, Inc.
Price Scale 4,800,000 3,600,000 2,400,000 1,200,000
RS Line Volume 10
27 August
13
29 July
15
June
1 18 4 May
50-day moving average
Sold on second day the stock breaks the 10-day moving average 10-day moving average IPO Base 20 6 23 24 March 9 April
75% gain 27 February 10 13
Added 3 times 30 January
Michael Kors Hldgs Ltd (KORS)—Daily Chart 2011–2012
Markets luxury apparel, accessories, and footwear under the Michael
16 2 December
Bought on breakout from IPO base 18 4 21 November
Kors and Michael Michael Kors names Mike Scott 7 23 26 September 9 12 October
