KORS Trade on Feb 3, 2016 09:33 from tsun: Tradervue User Stock Trades.

"holiday results exceeded analysts’ estimates,
boosted by e-commerce sales and a new lineup of accessories
1.59 v 1.46 estimated EPS
slightly lower guidance for earnings and revs for Q4"

"possible gap fill to 60
2nd day play r/g pullback to 49 o/u
target 51 and over"

Premarket it had hit 49 area which I missed my entry. I scaled into this long position using 49.5 as a guide for risk and sold into 50 area as it was the appropriate resistance. It looked as if it was developing a range just like the day prior so I did not have intention to be playing the range again when I had FB on watch. Plus the SPY had been tanking at this time so I could not trust that this stock will hold in the face of overall market weakness since my plan had been long and I was biased long and market showed me otherwise. This was a great defensive play in my opinion as I did not want to get caught.