The stock was absolutely hammered last month, trapping lots of longs. Serious technical damage done to the stock. IMNSHO, in the absence of news, the stock is going to chop around for a while at best. If you are into the chart voodoo, it bounced from a level you might have expected a bit of support, but it will likely need a fair bit of "right side", as they say, before mounting any sort of rally effort. Trying to interpret meaning in daily price moves is a fool's errand.
KAI Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held
