Personally, I feel KATX is still got some room to go down. But on a positive note, I see a huge falling wedge which is generally speaking a very bullish chart pattern. For confirmation of a buy signal to appear, we need to see a strong break above the top yellow trendline.
I also show the first area of resistance, currently sitting at .032. The next resistance would be the MA(50), currently sitting at .041. If we get over those two obstacles, we could see an all out bull run to over .09!
So if your in, I give you a hold. If your following the stock and want in, I say just wait for the breakout. I hope this helps.
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