KTOS Breakout on the Daily
KTOS had a good run but pulled back to around the $24 mark where it formed a double bottom. This dip was from a high of over $32+. It is not making its way back up hut currently stuck at the $29.50 resistance point. It it breaks past that intersection, it’s new target is the $31 mark.
MACD is also showing weakening buying pressure but if price breaks through on the upside, this will change. RSI is still relatively high.
MACD is also showing weakening buying pressure but if price breaks through on the upside, this will change. RSI is still relatively high.
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