CoryMitchell-CMT

Potential Long in KEM Based on Strong Trend and Recent Strength

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NYSE:KEM   None
2
Couple entry options here. First was the consolidation breakout (within the bigger range) which occurred a couple weeks back, and the second is a move above the recent very short-term high on rising volume which occurred today.

Target is an estimate. Prefer the trailing stop on these strong momentum stocks. Can use ATR Stops. If the price closes below the ATR Stops, adjust stop loss to just below the low of that day.

Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
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