COH Coach Inc.

coh jul 31 2012 lcoh jul 31 2012 s

The stock stops dead in it’s tracks where the two parallel trend-lines intersect. Presently it is on a path towards the lowest point of the triangle. It should do an A-B- at the very least, perhaps a zig-zag as shown, only a little further than that. Wave 4 of previous degree is at $10.