KBR Receives Contract for Its New Propane Dehydrogenation TechnoKBR: KBR, Inc.
2020-01-06 05:52:00
KBR Receives Contract for Its New Propane Dehydrogenation Technology K-PRO(TM)
K6B trade ideas
KBR short entryKBR plunged down on earnings, and quickly recovered to its ~15.65 resistance level. It is showing a lot of long wicks at this level on decreasing volume, and the 15 minute chart shows further bearish signs.
A short entry into this position with a price target at the 14.74 resistance level could yield positive gains when combined with an options play.
