Long
$KRA - good entry point
KKRA is an good entry point by TA
Factors of a good entry point technique:
1. Support of 200D EMA
2. ascending trendline from the 25.03.20
3. historically repeatedly tested support/resistance level at $31.15
4. 5 consecutive quarters of better-than-expected reports
5. Bounce off 200D EMA and trend line on volume 2 times above average.
Current price $32.29
Potential targets
1. TP1- $37.5
2. TP2- $45.15
3. TP3- $53.05
SL- below $30,5
It's not investment recommendation
Factors of a good entry point technique:
1. Support of 200D EMA
2. ascending trendline from the 25.03.20
3. historically repeatedly tested support/resistance level at $31.15
4. 5 consecutive quarters of better-than-expected reports
5. Bounce off 200D EMA and trend line on volume 2 times above average.
Current price $32.29
Potential targets
1. TP1- $37.5
2. TP2- $45.15
3. TP3- $53.05
SL- below $30,5
It's not investment recommendation
Note
TP2 - done
All ideas only for information.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
All ideas only for information.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.