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Exclusive Market Analysis, Alerts and Commentary from the DaytradeTeam trading staff

Tuesday, April 08, 2008

Coach, Inc (NYSE:COH) Ascending Triangle


Over the last 40 days Coach, Inc (NYSE:COH) has created an ascending triangle. Last Friday COH saw a spike in upside volume that pushed it through the ascending triangle resistance @ 32.50; this upside spike indicates COH will continue to climb and complete the measured move. The measured move indicates COH will climb 20% from current levels.

Happy Trading

Keith Greff
Trade Analyst
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