I don't know if anyone has been on the Coach bandwagon. I bought in September around $30 and it's now up to $43.50. Great return if you ask me. But, I think it may be out of steam. Looks like daily trading is starting to churn around the high water mark of $43 which is actually just below the target I set a few months ago of $44. It's been tracking away from the upper bound of its price channel as well. While there are no screaming sell signals, it might just be time to lock in your gains... Does anyone else have an opinion? |