Wednesday, May 09, 2012 8:07:32 PM
KLDO Chart looks fantastic!
Low float. Share Structure hasn't been updated for several months and is stated at around 85 mil. Probably higher than that now, but can't be too high because the A/S is only 400 million.
I don't think this can hold back much longer. Getting lots of love, attention and volume. Today it closed above the 20 and just above the top Bollinger Band, stopping to rest at the 50. May just pop up out of those bands tomorrow. It really looks primed for a move and there seems to be some momo building on the boards for this one.
Betcha KLDO goes up....or down...tomorrow. Ha! But I bet more it goes up. It really looks good to me. It had a breakout of the .0022 level today to close at .0025. First hint of real resistance after the 50ma is around .003, but I wouldn't be surprised to see it blow by that tomorrow.
There is a strong short presence though. 62% by volume today. So there will be a battle. It'll be short cover time though if the bid pressure drives this up much....if not...look out. We'll see tomorrow.
Check out this beautiful looking chart pattern.
Low float. Share Structure hasn't been updated for several months and is stated at around 85 mil. Probably higher than that now, but can't be too high because the A/S is only 400 million.
I don't think this can hold back much longer. Getting lots of love, attention and volume. Today it closed above the 20 and just above the top Bollinger Band, stopping to rest at the 50. May just pop up out of those bands tomorrow. It really looks primed for a move and there seems to be some momo building on the boards for this one.
Betcha KLDO goes up....or down...tomorrow. Ha! But I bet more it goes up. It really looks good to me. It had a breakout of the .0022 level today to close at .0025. First hint of real resistance after the 50ma is around .003, but I wouldn't be surprised to see it blow by that tomorrow.
There is a strong short presence though. 62% by volume today. So there will be a battle. It'll be short cover time though if the bid pressure drives this up much....if not...look out. We'll see tomorrow.
Check out this beautiful looking chart pattern.
"Only buy stocks that go up. If they aren't going to go up, don't buy them." Will Rogers
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