$KRA is an good entry point by TA
Factors of a good entry point technique:
1. Support of 200D EMA
2. ascending trendline from the 25.03.20
3. historically repeatedly tested support/resistance level at $31.15
4. 5 consecutive quarters of better-than-expected reports
5. Bounce off 200D EMA and trend line on volume 2 times above average.
Current price $32.29
Potential targets
1. TP1- $37.5
2. TP2- $45.15
3. TP3- $53.05
SL- below $30,5
It's not investment recommendation
Factors of a good entry point technique:
1. Support of 200D EMA
2. ascending trendline from the 25.03.20
3. historically repeatedly tested support/resistance level at $31.15
4. 5 consecutive quarters of better-than-expected reports
5. Bounce off 200D EMA and trend line on volume 2 times above average.
Current price $32.29
Potential targets
1. TP1- $37.5
2. TP2- $45.15
3. TP3- $53.05
SL- below $30,5
It's not investment recommendation
Yorum:
TP2 - done
All ideas only for information.