Looking at highest % gainers for Friday KSCP was the 4th highest gainer. It has printed 9 green candles in a row. I am playing the potential spike to $3.66 that was last seen in Nov 22 since the current price ($2.16) has matched the price levels of December which was the decline after hitting the high of $3.66 in November. Purchased 100 shares to see if it spikes in the morning. I wont ride the full wave as I will jump out once it has spiked .30-.50 cents to bag my single and some profits. If it drops .15 a share I will be sure to cut losses quickly. SSS says this was a 73 watch play but I am going to make a move to learn.
Posted Jul 16, 23 10:06 AMbyCruzControl
Categories
Price Action: Morning Spikes, Technical Analysis
Tickers
KSCP
Careful tho. I'm expecting a first red day on monday if the pre-market price action shows me that
You werent wrong! I should have known better having came off 9 days of green candles! Luckily it had a nice bounce so I was able to cut my losses quickly! Should have waited for the dip!
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