Looking to Date Kate into Valentine’s Weekend

• Posted by Greg Harmon
• on February 12th, 2015

I know what you are thinking. It is crazy to start a relationship right before Valentine’s Day. But some girls just wont wait for you. And Kate is one of them. She looks worth chasing after even one day ahead of Valentines Day. Take a look.

You knew I meant Kate Spade right, not the Kate Upton. That chart is sweet. Kate Spade ($KATE) took a header off the curb wearing stilettos in August and has been consolidating since then. But the last 2 weeks it gapped up and has continued higher to resistance. With the Bollinger bands opening higher and a bullish and rising RSI and MACD, she has momentum on her side.

She also has not much in the way as possible resistance until about 37 above and then 41. A close over 33.95 and and i would love to date her for a few weeks to that range. She reports how she has been feeling February 27th before the market open. From there who knows? It could turn into a long term thing.

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