KIM trade ideas
Breakout Long Trade in KIMKimco Realty is inches from triggering a fresh breakout buy. After consolidating for the last 4 months, price has tightened and the stock appears to have moved from weak hands to strong. The final shakeout on Sept 30 likely triggered the last wave of stop losses, and the path of least resistance is now long.
There is clear resistance near the $22 mark. Consider buying on a break of $22.25 with a stop beneath the swing low at $20.70.
KIM is bullish in the medium termNYSE:KIM is moving up nicely and currently flagging. Long the break out of the flag pattern to target 21.77$, stop at 17.3$.
Hit the like button and follow if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
KIM with stop loss hitWrite sometning about your psyhology thinking before trade? not so good
Describe the trade. What you see? trade within the channel
What have I done well for this trade? Enter point according to my rule was appropriate
What can I take away to help with later trades? do not trade strange channals
Long KIM for short-term tradeThis 60m chart of KIM presents a short-term buying opportunity. The stock has broken through long-term trendline resistance and looks to be carving out an impulsive move higher. Initiating a long position at 16.50 for a ~10% move up toward 18. A move below 15 invalidates the setup.
SHORT KIM BREAKOUT RETEST FROM 50MA IN THE DOWNTRENDThe second rising wedge breakout in the strong downtrend. We have breakout retested from 50MA with nice engulfing signal and 200MA above the 50MA as confirmation of the strong downtrend.
The first target is 78.6% ($15.22) with main target near 100% at 6.41%.
Do you like it?