Michael Kors - KORS -Daily - I can't believe I'm saying this ...

But it actually looks like a buy here. The MACD is crossing up.

Risk only 1 point to make it up to $74-76 from $72.16 last.

I've put out several successful shorts on this "over-loved", "over-valued" stock but now that it refuses to go down with the market, it looks like it is due for at least a rebound rally ahead of the holiday selling season.

It is above the lowest two-days highs and might be a low-risk buy here.

Tim
10/2/2014 10:45AM EST