KTOS trade ideas
KTOS - Has A Beautiful Diamond Pattern This pattern once broken will go up and/or down same as high and low of Diamond Pattern, which is $4.00. I see break of upwards related to longer time frames, or $14.00. I expect this will happen fairly soon and continue to before next Earnings report, noted on chart.
Kratos Defense & Security Solutions, Inc. provides mission critical products, solutions, and services in the United States. The company operates through three segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services. The Unmanned Systems segment provides unmanned aerial systems, and unmanned ground and seaborne systems. The Public Safety & Security segment designs, engineers, deploys, operates, integrates, maintains, and operates security and surveillance solutions for homeland security, public safety, critical infrastructure, government, and commercial customers. The company serves national security related agencies, the department of defense, intelligence agencies, and classified agencies, as well as international government agencies and domestic and international commercial customers. Kratos Defense & Security Solutions, Inc. was founded in 1994 and is headquartered in San Diego, California.
TrumpMerica With a KTOS TwistI have posted ideas of this company in the past, but I feel it is time for an update with new lines. As you can see on this chart a critical juncture is upon us. I do feel overall this stock is going to be in the $20 range by summer time. I would suggest if you are not in this stock yet, start your position Monday. If you choose to do that then I would say hold off buying more until the price reaches and maintains the red Fib Retrace line.
Trade Idea Of The Week In KTOS!Please note that I am a swing trader. When I enter a position I am looking to hold anywhere from 1 day to 3 months depending on the momentum, but the average is around 7 market days for my hold time. I think it is important to know how we're looking to trade this as different strategies will provide different results even on the same stocks. Here are some quick bullet points on why I like this stock for this week:
-The aerospace and defense sector is looking extremely strong right now (although somewhat extended like the rest of the market)
-The monthly, weekly, and daily charts all look coiled and ready to go higher
-Price looks to be firing out of a squeeze at longterm support
-Volume is picking up nicely
Remember to always trade within your system and trade what you see, not what you hear, feel, or fear.
Best of luck!