Take advantage of the bullish trend forming.

From a fundamental viewpoint, the security has great attributes.

Following a bullish wave, the stock now shows a slight decline has lead it toward its USD 21.08 midterm support. At this level, a re-boost of buyers influence would enable an upturn in the medium and long term.

The decline observed in the short term offers an interesting entry point for a mid-term trading strategy. Thus, investors could take advantage of the current prices level to buy Kate Spade & Co. The target will be set at USD 22.66 and by extension USD 23.55. The stop-loss will be triggered below the USD 21.08 support at USD 20.8.