SundiSup's Day Trades: $COH - Coach $389 profit - Holding on to my BAG

Click here to read my previous $COH update:

Purchase price: 50.04
Current price: 58.70 ish

This play worked out beautifully, I am still in all the shares, I probably won't pull out any time soon, I'll let it ride up and see where it goes. Again, I played the channel, the channel lasted about 2 months all the way back to January. As you will see in the chart, look at the sideways movement, $COH did absolutely nothing for 2 months and finally it blew up, and why did it blow up...because of earnings. I wasn't really banking on the earnings for this play to work out, I purely looked at the chart setups, it could have gone bad, if earnings were poor or whatever the non-sense they post my $COH could have just as easily gone down to 45 ish, which woulda put me in panic mode.

So far at its current price right now while I type its 58.89, I am positive about +$389. The amount I invested was 44 x 50.04 = $2201. Now my position is worth: 44 x 58.89 = $2591.

Return on Investment so far: $391 Profit / $2201 Investment =
+17.75% Return

Click Here to see current price of $COH

I probably will give $COH some room, if it goes below 54 ish I will get out and take my +200 if it doesn't then I will stay in and hold on to my Coach Bag. This is the reason people, if your money is sitting around, PUT it to use. If your money is in savings or any other non sense, GET IT OUT...get the party started and buy yourself a stock (only after researching) and just try it out. You do not need a big account, you can start with whatever you have and as long as you can stomach your money going up and down then you good to go.

What if I wanna go to Cancun? I am already half way there, I don't need to save 100 bucks a week for 8 weeks to get $800, I got my trades doing that for me. I need another good trade and if I can pull out another $400 or so, I got my $800 USD to go to Cancun. Trades pay for trips. Get on that tip.