Pattern confirmed Valid price target $29; 47% above current SP.
High dividend and great earnings/ divi growth prospects. 47% divi growth TTM
8% undervalued by dividend yield theory
≈10% higher profit margin than sector median
There is a good chance that SP returns to apex prior to resuming uptrend, anything below 22 is decent valuation, but less than 16 makes it a...
After chopping sideways fora couple months, KMI finally broke out of its consolidation above $20.50 on 6/6/19. After briefly eclipsing the $21 level, the stock has come back in to retest this breakout. A move away from this level and above $21 opens the door for a test of the $24-$25 level where price broke down in late 2015. Long above $20.50, out on a close below.
This is a loser I forgot to post when I set it up. The high of the day was literally to the penny at my stop. Sucks. Oh well, on to the next trade. I do still think this stock drops to that support though.
Kinder Morgan will announce results on the 17TH APRIL after hours, we will be taking a small long position into those earnings despite the fact that indicators are mixed.
We see the $70 million investment by the CO Founder and the recovery in China as future stimulus for the stock.
I could be possibly recognizing a new bearish pattern starting to form around resistance to come and find support. So here I start with a weekly timeframe showing it previously blew past its recent resistance and it halting somewhat on its new resistance that it had around July of last year. Last week had a bearish closing bar as you go in to lower timeframes you...
KMI share price is at a very interesting price range.
If it breaks upwards, the sky is the limit.
And if it rebounds, then it offers a good opportunity to buy at a 3rd bottom.
Lets watch closely and see how it goes there.
Before the trade
Write sometning about your psyhology thinking before trade? it is a little disapointmet day because two trade went south
Describe the trade. What you see? price channeling so price will go down to the resistance point
After the trade
What have I done well for this trade? Predicion of the channel was right
What can I take away to help with later...
This is a bottoming formation that has been in a platform pattern after completion of the bottom in July. Shift of sentiment occurred in April. Quiet accumulation patterns are present from May through early July but are not present at this time. The stock had some down days but remained within the range of this platform. HFT gap potential if earnings surprise....