Pendulum pick for KR - short tgt 44I have many tens of thousands of dollars worth of home renovations to do, so why not ask my dowsing/spirit team to help find me a stock that can help PAY for these expenses and then some?
I'm a dowser, btw, so all my ideas & levels come from this form of information gathering. So woo woo ;)
The pick is from all of NYSE, so it's a lot. I'll admit, when I've done this in the past I've seen stocks have way better moves faster & I'm like, "why didn't you give me THAT one?!"
Regardless, I'm not going to disrespect the guidance, but just try to be more pointed in my intention. I did ask for this one to be a quick move, but I don't think it will be.
I do, however, have good confidence the target will hit. I did not look at the chart before I finished the reading & had a target. It's a way to see how accurate the level & info might be, so I was definitely happy the chart & levels look reasonable. It's literally at a multi year high & the dowsing said it's at a swing high.
Out the gate on this reading, it was saying swing trade short, & soon. It might get up to 69.
Anyway, when I ask about the 44 level (tgt), twice I get that the "target is reached". I tried to get the amount of time this takes & got the months around May/June as an exit, but it could easily be a few months. It's a 36% drop from 69 if it reaches there.
I drew the trendlines just to see how it behaves there. Maybe that'll help as a confirmation/trigger to short since it has been relatively strong.
That's it. Hopefully, this can pay some bills!!