Breaking support, it has retested. Some bullish candles shaping up so if KMI closes below that price, more bearish than bullish.
KMI is a great company that is wrongly grouped with oil stocks. Perfect candidate for a rebound. Wait until the channel breaks, holds, and volume spikes. This could be a hidden gem. Now, just wait
It's pointless to forecast, but as a long holder of the stock I would like to see a test of October lows: It's important to have a strong base from which demand can be built. The spike low looks vulnerable in itself, and was generated through the prism of panic. What's needed is a more rational assessment of demand, ideally built up over the next few months. I...
Trading in a narrow range defined by support of 140 million volume day (low $37.62, but real support closer to $37.50). #Sectorbreadth places $XLE at sub-10% bullishness, a point where shopping for long opportunities is often rewarded. KMI is one of the few XLE components holding up and should be one to lead Energy stocks out.
Continuation in the channel and a breakout over previous resistances possible or a reverse downtrend could begin from here.
Kinder Morgan is displaying an outside fox wave pattern, I'm expecting this to at least reach the first TP1 Wide Range Bar Zone, and then continue on to TP2
it seems this reverse would be end with retesting 34.60 i think we would need to see bearish direction next 2 weeks - 1 month i would suggest 20 Sep Put strike 35 @ 0.18 now ....
$35.50 support critical should it be tested prior to testing recent highs. Note selling pressure on recent candles.