Kinder Morgan continues to hold back the bears.

Kinder Morgan - 30d expiry - We look to Buy at 16.15 (stop at 15.51)

Support is located at 16.00 and should stem dips to this area.
16.00 has been pivotal.
Offers ample risk/reward to buy at the market.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
Prices have reacted from 15.89.
16.00 continues to hold back the bears.

Our profit targets will be 17.75 and 17.95

Resistance: 16.30 / 16.60 / 16.80
Support: 16.15 / 15.89 / 15.78

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Support and Resistance

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