There are several ways to trade gaps but first, there should be a solid understanding of what Gaps are and how they show up. Markets aren't that hard to read if we have some simple ways to see them that adhere to the principles of movement.
All markets move in contraction and expansion. A Gap is the sudden supply/demand imbalance that comes out of the contraction...
Rebound MA200 will shows significant long signal with potential upside +18%.
I will remain bullish view on this stock from technical analysis view.
Let see how it goes.
Opportunity to go long KTOS on the breakout from the symmetrical triangle. First PT 19.01, which is one penny below the YTD high of 19.02. Second PT of 19.48 would take the stock to a new 2023 high. SL at 18.21.
Blue solid lines are established downtrends, green dotted lines are established uptrends. Both the uptrend and downtrend lines are established from equilibrium points, (not highs and lows). Thickness of lines illustrates strength of previous price action. Circles are the crossing of uptrend and downtrend (Crossfire Points), usually resulting in reactions.
KTOS: Kratos Defense & Security Solution, Inc.
2022-07-20 08:00:00
Kratos Awarded Contract from U.S. Army Future Command to Demonstrate Military SATCOM Modernization
KTOS: Kratos Defense & Security Solutions, Inc.
2022-06-16 08:00:00
SKY Perfect JSAT Jointly with Kratos Awarded Contract to Build C-band Spectrum Monitoring Facility for the Japan Ministry of Internal Affairs and Communications
KTOS: Kratos Defence & Security Solution, Inc.
2022-06-16 08:00:00
Sky Perfect JSAT Jointly with Kratos Awarded Contract to Build C-band Spectrum Monitoring Facility for the Japan Ministry of Internal Affairs and Communications
KTOS: Kratos Defense & Security Solutions, Inc.
2022-04-25 08:00:00
Kratos Awarded Contract to Deliver OneWeb Spectrum Monitoring System for its LEO Satellite Constellation
I think Kratos interacting here with the 200ma on the 4hr to be a critical area to watch today. I think we could bounce up potentially, but it's a tough call. I am neutral for now, just noting this critical area. NFA, DYOR
We really smacked those targets perfectly from my last chart, we then hit my other target (gap) that I never published. I'm seeing a continuation of war going on unfortunately, and this stock will likely repeat those targets with continuation. NFA, DYOR
I've been holding this stock at a loss for weeks, finally in the green again now and I may add more to the position as I am targeting the 200 ma. NFA, DYOR
KTOS: Kratos Defense & Security Solutions, Inc.
2022-02-07 08:00:00
Kratos Wins $14 Million in Contract Awards for Drone System Logistics Support, Spares, and Consumables
KTOS: Kratos Defense & Security Solutions, Inc.
2021-11-24 08:00:00
Kratos Awarded $12 Million Contract to Provide Satellite Command and Control System Products and Sustainment
KTOS: Kratos Defense & Security Solutions, Inc.
2021-09-29 08:00:00
Kratos Receives Approximate $50 Million, Single Award, Sole Source High Performance Jet Drone System Related IDIQ Contract
KTOS is looking bullish. Volume was much higher than normal today, Long lower shadow on today's candle. A push to $27+ in 2-3 weeks is very likely. Playing $27.50 calls expiring 10/15.
