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Coach (COH) Upgrade Alert, Watch for 19.1% Technical Uptrend Continuation

Coach (NYSE:COH) upgraded to Buy from Hold at Jefferies. The stock closed yesterday at $32.87 on volume of 4,241,500 shares, below average daily volume of 4,677,032.

Coach is currently above its 50-day moving average of $31.90 and above its 200-day moving average of $24.05.

SmarTrend is bullish on shares of COH and our subscribers received an Uptrend alert on June 01, 2009 at $27.60, which has returned 19.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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