More than 50% chance KMD will follow the orange trend. The red trend scenario is very unlikely.
If it does break down and cannot come up (as shown in red), stop loss should be in place
Pull back (lower trend line) in the next few days in the chance to increase holding. stop loss at $118-119. take profit in stages up to $127.
I'm a long term investor on this stock. I'm using this opportunity to slightly increase my holdings.
