AI
Friday, July 29, 2016 5:56:40 AM
ONE TO WATCH,SEE BELOW
$KALY is setting up for the perfect storm sort of speak , in the
last two weeks KALY has put out three pieces of news, 1st, was
the acquisition of Wave Marine , 2nd, acquisition candidates on 7-22-16, then on 7-27-16, the LOI for Florida Power Marine who is a major player in Florida have been generating revenue since 2010 and has strong foot hold in the market place. So what do you think is around the corner. Now lets look at the technicals. Last week they rolled out and brought this back above support at .08. KALY had increasing volume for 3 straight days, this week we saw it traded to .12 ish , the .15 slap was just a MM at the open with 80 shares today (who knows) , that don't count. Now it traded up above the upper Bollinger band at that point , and now it has had a nice controlled pull back on low volume to the lower Bollinger band and coincides with support area around .08 .09 , which this indicates buy signals all day long. Now knowing what news is expected any day and of course peeps go crazy on actual acquisition news releases , it goes without saying this is setting up that perfect storm scenario.
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$KALY is setting up for the perfect storm sort of speak , in the
last two weeks KALY has put out three pieces of news, 1st, was
the acquisition of Wave Marine , 2nd, acquisition candidates on 7-22-16, then on 7-27-16, the LOI for Florida Power Marine who is a major player in Florida have been generating revenue since 2010 and has strong foot hold in the market place. So what do you think is around the corner. Now lets look at the technicals. Last week they rolled out and brought this back above support at .08. KALY had increasing volume for 3 straight days, this week we saw it traded to .12 ish , the .15 slap was just a MM at the open with 80 shares today (who knows) , that don't count. Now it traded up above the upper Bollinger band at that point , and now it has had a nice controlled pull back on low volume to the lower Bollinger band and coincides with support area around .08 .09 , which this indicates buy signals all day long. Now knowing what news is expected any day and of course peeps go crazy on actual acquisition news releases , it goes without saying this is setting up that perfect storm scenario.
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