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Replies to #45687 on lowtrade
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lowtrade

03/05/18 7:52 PM

#45688 RE: NewBroker1982 #45687

KLDX
Just took a look. Don't find any positive about this stock presently. Both TA & Charts are negative and while fundamentals could improve with increasing of credit facility and management cost cutting announced. That's a hope not seen yet.

Personally I enter stocks that move on positive chart patterns, not those at possible bottoms with hopes for the future.

Ps: you can't call a bottom until the price has climbed and broken first resistance, on stronger then normal volume. That would be around a buck sixty. With volumes above 1.5 mil.

If your a buy the bottom kind of trader. I wouldn't enter until you see that happen. Because the past few days isn't a bottom yet.
http://schrts.co/R1a82e


LUCK

Ps; Here is one I have been active in since last DEC. CIG it's working on it's 3rd flag up. I banked gains on the first 2 and expect to do so one more time. Play at your own risk.
http://schrts.co/R1a82e