technical analysis

Despite a downgrade of Coach, here is why I still like the high-end bag maker.
A longer-term bullish divergence might eventually set the stage for a recovery.  
RYCEY's charts are improving, but its race to a bottom may not be over yet.
Not going down on bearish news will be a good start.
Be patient and wait for a successful retest. 
Movement in ARMH above $46 would greatly improve the chart and weakness below $37 would call into question the bull case. 
Be prepared for a decline of at least 10%.
Failure to hold the $210 area could mean a deeper decline to $180 is possible.
Our next rising price target is $20.
If spot gold reaches our $1400-$1525 targets.

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