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.
I am allowed one gamble investment, and this is it.
Price is hitting 2008 financial crises lows, great telemcom stock with 12% dividend.
Company earnings do not look good, but the technical analysis looks promising. Diverging from RSI on weekly, oversold on daily chart.
I would enter with exit around $14 if the stock did not start turning within 2019 (long...
Solid reversal sign, from 200 EMA and strong support level.
Weak confirmation from momentum for a solid entry price. (higher risk entry price).
Average dividend which is about to be paid soon.
Buy and hold for 6 months.
Target $60 at the top of the range (20% profit).
The price has a strong sell signal from the Ichimoku system.
Currently retreating to the Kumo Cloud to gain new momentum to the downside.
I would enter short once the green candles stop, with stop loss around 63.30 and my profit target around 58.20