IMO its not going to be up days every day from here, ... The Dow was up 550 points last night and will probably slip back 200 points tonite as per usual 2 steps forward and 1 step back etc.
So A big day today on KTD with 17% up, so if we slip a bit tomorrow and hold the 50c level then thats great.
We only need to rise 1c per day on average over the next 2 months and we would be over $1.
So IMO any buy under 50c is a steal, and if it does start up to 60c early tomorrow it will probably slip back to 55c again.
Im not good at trading the small moves unless Im trading small parcels on my cheap broker account. But in a few Months this could easily be testing 80c and $1. With some little zigzags on the way.
All it needs to do is stay above the 20 day Moving average for 2 months regardless of the minor price action buy and sell pumps.
KTD Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held
