octradr
Short

KIRK at resistance

BATS:KIRK   KIRKLANDS INC
109 1 1
KIRK has had a great run gaining over 50% in just a few months. It is finally showing signs of weakness and could very well be ready to give back some of the profits. The great thing about this stock is the limit of risk. If it closes above 17.50 I would cut my losses. The potential move down could be substantial but I would say 5% would be a nice return if it only took a few days. For a long-term down look at Fibs retracement levels for targets. I prefer to wait and see if it moves out of a trading range. Happy trading.
It closed above 17.50 and is still following the rising support line. I would still keep an eye on this but use a wait and see method. Happy trading.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out