KYMR Busts Through Resistance - Waiting for Pullback

KYMR just busted through the $52.94 resistance. This triggered a rev strat reversal on the quarterly chart as well as a 2-2 continuation on the monthly. I'll be waiting for a light volume pullback for long entry. Keeping position size small in this choppy market. Also not incredibly impressed with the volume today considering an almost 10% jump. We'll see what happens.

Yorum:

Picked up a few shares on the recent pullback to support, moving up nicely here. First target at $58.15 off the weekly 2-2 reversal with next targets shown in purple off the quarterly rev strat.