After 2 weeks of price consolidation $KEM is showing signs of reversal with a big increase in volume. MACD (checked), Parabolic SAR (checked), BB (checked), RSI (below 70 (checked). Big resistance on $14.45 to look for new highs.
Comment:
Closes above $14.45 and it is a Swing play, above $14.50 probability increases. Check the market as this stock is highly correlated.
Comment:
Tech sell off killed KEM and a few others. Now the strategy is to see if closes above previous close for the month of $13.80. Small loss on this one. Sold it yesterday when it stayed on the 200MA playing games. On to the next one