gingerheadtrader

Watching KEM for a more signals of a bounce.

Long
gingerheadtrader Updated   
NYSE:KEM   None
I can't find much news on this stock but there seems to be a pretty easily identifiable channel that's formed and current price action appears to be bouncing off of the lower trend line with mucho volumeo. If it does bounce and continue the channel it could see $26. The fact that this last move up retraced all the way back to the last high has me skeptical, but it can't hurt to watch.
Comment:
Complete breakdown of the pattern, abort, abort!

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