On the above 4-day chart price action has corrected 90% since the sell signal (not shown). Now is an excellent long moment. Why? 1) A Strong buy signal prints (not shown). 2) Price action and RSI resistance breakouts. 3) Strong bullish divergence. In fact this is the strongest divergence the stock has ever printed with price action over a 80 day period. 4) No...
KRNT has broken down out of an up channel in white. Another channel can be drawn in red which will be the dominant channel for this analysis. It shows a rejection along the bottom of the white channel as price attempts to climb back in. I have tried to plot a cup and handle with the bars pattern tool.
Israel-based Kornit Digital produces, markets and distributes high-speed industrial inkjet printers, digital printing systems, ink, software, and related products for the apparel, home decor, and printed textile industry. The company markets itself as a more sustainable alternative to overproduced goods, allowing for on-demand production as well as personalization...
Possible dip entry. Keeping low RR ratio because market been on uptrend for a long time. There will be some retracement soon.
Yo! so it broke! all my thoughts on the chart Dont forget abought the stochastics that shows overbought! GoodLuck, t347. NASDAQ:KRNT
Kornit Digital, Ltd. is engaged in developing, manufacturing and marketing industrial and commercial printing solutions. The company offers a portfolio of direct to garment printers from entry level to mass production; NeoPigment ink solutions; roll to roll printers and pre-treatment systems and software for the garment and textile printing industry. Kornit...
Potential price drop: 10-25% Reward/Risk:2-3 Timeframe: 1-2 months I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage...
-W1 big bullish trend -Big resistance of 100.00 usd broken -D1 oblique resistance broken -H4 ascending triangle broken by the top -H4 RSI's neutrality zone very strong Buy when the price goes back to the green zone, or if RSI goes back to the neutrality green zone.
Gentle pullback and then a push above on higher volume. Pre-Earnings run. I bought on Friday
KRNT: 9/28/17. LONG ON A PULL BACK. MAYBE AROUND @14.45. LONG HERE TO T1 @15.07. T2 @15.40.