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Kinder Morgan: Slanted Bullish Inverted Head and Shoulders

Long
Kinder Morgan, Inc. (BATS:KMI)  
RizeSenpai  
BATS:KMI   Kinder Morgan, Inc.
Chart Patterns Trend Analysis Technical Indicators Natural Gas utilities invertedheadandshoulders Moving Averages Contains IO script
2
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chartpattern trendanalysis indicator naturalgas utilities invertedheadandshoulders movingaverage containsioscript
Kinder Morgan is heading into earnings and currently sits above the 200-week SMA and the POC as it forms what appears to be a Bullish Inverted Head and Shoulders pattern. If these levels hold into earnings, I think KMI will have a chance at breaking out of the pattern and making its way towards the 0.618 Fibonacci retracement up at around $31.23 especially if natural gas prices continue to rise.

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