KATE daily Oct 15th
KATE (Kate Spade & Co.) hit the final target, T2 at 27.65, on Sept 26th for a 28.9% profit. I had thought I had updated this one earlier but just noticed it still listed as an Active Short Trade while updating the trade ideas today. As always, traders should have limit orders in place to close positions upon their preferred profit targets unless actively monitoring those positions at all times. For anyone still in the trade, KATE is now down 35% since the short entry at 38.91 at the open on July 30th so at least consider lowering and/or trailing stops at this point if still short. However, as T2 was listed as the final target, KATE will now be moved to the Completed Trades category.