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K-Swiss - KSWS - close: 32.09 chg: +1.05 stop: 30.89

Company Description:
K-Swiss Inc. designs, develops and markets an array of athletic footwear for high performance sports use, fitness activities and casual wear under the K-Swiss brand. The Company also designs and manufactures footwear under the Royal Elastics brand. Royal Elastics, a wholly owned subsidiary, is the leading innovator of slip-on, laceless footwear. (source: company press release or website)

Why We Like It:
KSWS displayed some relative strength today and broke out over technical resistance at its simple 200-dma. At the same time KSWS also broke out over its four-week trend of lower highs. Technicals are positive or getting there and its MACD is nearing a new buy signal. We also like the steady trend of higher lows after the double-bottom in September-October. We are suggesting longs with KSWS above the $32.00 level and we're aiming for a run into the $34.85-35.00 range before the company's earnings report in January.

Picked on November 29 at $32.09
Change since picked: + 0.00
Earnings Date 01/26/06 (unconfirmed)
Average Daily Volume: 256 thousand

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