KaroleinD

KTOV-Possible long swing

Long
NASDAQ:KTOV   None
KTOV is currently uptrending as well as positive news from deals with China to allow Changshan Pharma to exclusively manufacture and distribute Consensi. as well as soon possible FDA approval for KIT-302 Osteoarthritis and Hypertension with the FDA setting the date for MAY 31st.

The chart itself shows an uptrend in stock price

Support currently at $2.68/$2.71/$2.73 with the pivot at $2.77 resistance sits currently at $2.8/$2.84/$2.88

I am looking to enter this closer to the support 3 of $2.73 to $2.79 or a long swing till May 31st.

ADX is over 27 DMI+ is over 30 DMI- is over 8 indicating a strong up trend. 50 Day moving average is $2.45.

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