Coach (COH) has been on a roll lately. This morning it was "All Aboard" the stagecoach! The stocked popped to new highs and is currently holding up there. The dividend is healthy above 3%. The SCTR gave a nice kick and it looks strong here. The 8-month high in relative strength is significant.
The MACD is making a nice bounce off the zero line and looks set to continue.
Hats off to handbags, this coach is leaving the station.
Greg Schnell, CMT, MFTA