Assuming we hold the $5.32 low today the daily chart will have a breakaway gap on large volume. Likewise for the weekly chart if the weekly low is say $5.15 or higher.
I have had a huge position in KRMD and have been selling some (between $4.50 - $4.90) and now today $5.50-$5.65. Will have lightened my position by 20-30% here. They can have some more at $5.75.
I will still have a very large position and this chart pattern can be indicative of even more gains.
I emailed the contact on the investor web page to see if they could point me to some public disclosure that has impacted the stock here, or if they will be issuing a press release. Not expecting much but we'll see.
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