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Oliver-Basel
Jun 18, 2023 6:49 PM

Kinder Morgan - KMI - Opportunity to enter? Long

Kinder Morgan, Inc.NYSE

Description

• Pennant formation after a nice upward movement
• It looks like the breakout from the formation is near
• The breakout should be supported by high trading volume
• Price target at USD 18.37
• Price target near the gap resistance at USD 18.34/18.52 formed at the end of January and the 76.4% Fibonacci retracement
• Let's see if there will be a breakout in the next few days
• Looks like a good opportunity to enter
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