1. Low resistance to continue moving up
2. Golden crosses on the 12/26 EMA and (12/26 EMA) / 50 MA
3. Strong support to keep it from dropping like a fly
it has occurred 3 times to KKR that "W" pattern failed since July 2018.
yesterday's puncture is highly possible a false breakout! maybe an island reversal.
After last earnings KKR was a bit all over the place but if the earnings report before last is any measure it once again shows that an earnings report means... nothing! (except be wary of forming an idea based on it)
Price has formed a nice descending triangle after a run up. This could prove interessting!
Several build and advance bases
Strong RSI peeking above 80
Approaching LT resistance
Expect consolidation, can be long above 25 with some volume confirmation.
Hello Traders from around the world! =)
Well I'll veer away from posting about the fundamentals of the company as usual. This is merely my technical view point on the stock and what attracted me "technically" to the stock.
Well most importantly is the bottoming process the company experienced this year in the $11.00 - $15.00 range which also supported price...
After trading laterally for the most of 2015 KKR is on the move again. Great opportunity to buy this stock for long term appreciation with little downside risk.
Price has broken out from its 1st standard deviation from quarterly (66-day mean) on 13th of July and passed an uptrend test on 20th of July 2015.
Thus on technical basis there is a clear upside risk...
KKR is in presence of a rising wedge pattern. The upper trendline of the pattern has been hit for the 3rd time and a short is the best thing we can do.
KKR & Co. Inc., formerly KKR & Co. L.P., is a global investment firm that manages investments across multiple asset classes, including private equity, energy, health care, infrastructure, real estate, credit and hedge funds. It offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties. The Company conducts its business with offices across the world, providing it with a global platform for sourcing transactions, raising capital and carrying out capital markets activities. The Company operates through four segments: Private Markets, Public Markets, Capital Markets and Principal Activities. It operates and reports its combined credit and hedge funds businesses through the Public Markets segment. The Capital Markets segment consists primarily of its global capital markets business. Through its Principal Activities segment, it manages the firm's assets and deploys capital.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
KKR
