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MitchellKWarren MitchellKWarren KOS, D, Long ,
KOS: Kosmos Energy Shares Snap A 6-Day Losing Streak
19 0 0
KOS, D Long
Kosmos Energy Shares Snap A 6-Day Losing Streak

The daily chart shows that KOS shares have been trading in an uptrending channel since the end of last year. Even though Kosmos Energy has had a nice move off of the lows, the stock had still fallen more than 21% from last summer's high on the current bear market in oil. An initial stop loss on a long stock position can be placed under $8.40 (under Tuesday's low). ...

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