KTOS trade ideas
KTOS is oversold. Swing trade to $25-RSI is looking pretty low
-Strong Cathie Wood support. ARK Invest owns over 8.7 million shares with KTOS being the #3 holding in ARKQ and the #4 holding in the smaller ARKX
-Looking at the front page of the news today, the Taliban looks to be giving Sleepy Joe (and the rest of the world) some problems. Maybe defense companies get a little boost from this?
Earnings on deck! Hopefully this won't be another MAXR situation. But is sure seems like its falling in sympathy to MAXR. And yet all the KTOS news seems positive. I'm guessing this will be one of those situations where the stocks drops huge as the call starts and then flies back up as good news unfolds. I certainly don't know but I look forward to seeing how it plays out!
KTOS Breakout on the Daily KTOS had a good run but pulled back to around the $24 mark where it formed a double bottom. This dip was from a high of over $32+. It is not making its way back up hut currently stuck at the $29.50 resistance point. It it breaks past that intersection, it’s new target is the $31 mark.
MACD is also showing weakening buying pressure but if price breaks through on the upside, this will change. RSI is still relatively high.
#Kratos (#KTOS, $KTOS) - Trend Outlook!#Kratos (#KTOS, $KTOS)
TOP 5 holdings of #ARKX $ARKX
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Dark Green candle spotted+Buy signal=STRONG buy volume abv 150% of 21day average using @VCCBtrader #VCCB strategy.
Will buy only upon pullback OR on break abv 2nd Supertrend resistance line. Don't chase blindly!
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#ARKX $ARKX Launches today! #Space #Exploration & #Innovation ETF!
TOP 5 holdings:
1. #Trimble (#TRMB, $TRMB)
2. The #3D Printing ETF (#PRNT, $PRNT)
3. #Kratos (#KTOS, $KTOS)
4. #L3harris Technologies (#LHX, $LHX)
5. JD (#JD, $JD)
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#ARKInvest #ARKK $ARKK #CathieWood
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KTOS LongAfter a breather from its recent bullish run to new ATH's in mid February, I believe KTOS is setting up for a buy opportunity. As much as there is a real estate boom on land currently, soon will be aerospace boom. KTOS dipped with the rest of the market but still shows accumulation with volume (highlighted w blue circles in chart). The orange dotted lines represent short term buy points.
2021 Actual Trade: KTOS +50% ProfitsEarlier accumulation volume patterns got our attention (July 2020) with a cup pattern. After December 2020, it began to turn on its engine and began to fly. January and February were very volatile that we held through it. We did not sell on the top but +50% profits still a reward.
Kratos Receives $37.7 Million Skyborg Program Contract Award froKratos Receives $37.7 Million Skyborg Program Contract Award from USAF Advanced Aircraft Office!!!
KTOS: Kratos Defense & Security Solutions, Inc.
2020-12-08 11:31:07
Kratos Receives $37.7 Million Skyborg Program Contract Award from USAF Advanced Aircraft Office