KTOS trade ideas
Kratos 7-6-19 Weekly ChartUpside:
- It appears over the period of several years a large cup is forming on the weekly chart. The left side of the cup is just above $30, leaving upside from the $24 current price.
Downside:
- Weekly volume is decreasing, notably this most recent week having very little volume (albeit a holiday week) suggesting buyers may be drying up
- RSI is well above 70, a traditional signal of an overbought signal
- OBV trend indicator appears to be lagging, concurring with the decreased volume despite significant price appreciation
Kratos is a defense contractor company specializing in unmanned aerial drones and other electronic services. The defense sector may be volatile with the upcoming democratic debates if the topic of defense spending is discussed. However, geopolitical events including unrest in the middle east (Iran) continues, defense companies may continue to run.
Kratos | Bullish correctionKTOS has had a huge run lately and sometimes its good to ring the register. To watch for future defense contracts for Kratos, check out this site.
Technicals:
Pattern suggests KTOS has ran its 5-wave sequence.
Rising wedge suggests a pullback incoming
upside potential $26. watch for sharp selloff if this is the case.
on a pullback, support levels I will be watching are $22->$20->then $18 (look at chart for measured levels to the cent)
Fibonacci extension usually extends between 1.27 -- 1.414 from lows. We are there NOW.
Like and Follow so I can continue giving trading tips. Thank you in advance!
Tip # 4: Wait for patterns to come to you. Be patient, you cant move market on your own.
-Volatility Watch
Disclosure : I do not own a position in KTOS. This is not a recommendation to buy or sell. Please do your homework before investing
KTOS - Full Time Frame Continuity to the UpsideNASDAQ:KTOS has been tearing up the charts this year and it is once again attempting to go full time frame continuity to the upside: up on the yearly, quarterly, monthly, weekly, 3day, daily and 240 min.
$22.91 takes the hourly up for confirmation of full time frame continuity to the upside.
$KTOS How far can it squeeze? JP Morgan price target 24After finishing a 400% rally, large selling pressure consolidated in 10-14 range which was followed up by more upward momentum. The recent 3 week leg up was large with slightly above average volume.
Looking for slowing volume as a possible short entry after a nice upper wick prints
Kratos Receives $4.9 Million Contract to Develop THREAT System KTOS: Kratos Defense & Security Solutions, Inc.
2019-05-15 08:00:00
Kratos Receives $4.9 Million Contract to Develop THREAT System to Evaluate Electronic Warfare and High Powered Microwave System Capabilities to Defeat UAS Systems - GlobeNewswire
BULLISH SECTOR! HUGE CONTRACTS! BUYOUT COMING!KRATOS DEFENSE & SECURITY SOLUTIONS
This is a rare opportunity to get in on the ground floor of a potentially MASSIVE run to between $20 and $30 a share especially with all the turmoil in the world combined with a massive multi-billion dollar increase in Military Spending by this administration.
KTOS, within the last few months, has landed gigantic contracts, one of the contracts could fetch the company upwards of $10 BILLION in equipment/service revenue.
Investors Business Daily ranks KTOS extremely HIGH:
E.P.S: 76 (Anywhere between 75 to 99 is a solid company/e.p.s rating)
Group RS Rating: A-
Accumulation/Distribution Rating: B+
Composite Rating: 89
Timeliness Rating: A
Institutional Ownership: 90.86%
On 12/06/2018, just 11 days ago, a buyout rumor hit the wires and the stock spiked.
Since that rumor, the stock has settled back down.
This company CANNOT and we think WILL NOT last by itself without being purchased by another larger company.
Our contact on Wall Street tells us talks are ongoing for a full takeover at between $20 and $25 a share.
Go back and look at the recent contracts and the value of them within the last few months, you will be amazed.
We finished adding to our large position today.
2.5 Million Shares Long
Average Cost: $12.44
THE STOCK IS A BARGAIN AT CURRENT LEVELS!