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KD Ready to Move Higher

Written By: ChartChamp

July 17, 2024

KD has been performing very well, and the seasonality suggests more upside over the next 3 weeks. The weeks of July 22 and August 5 are seasonally bullish with a 100% bullish rate. July 22 has average gains of 7% and August 5 has average gains of 16%. This trade can be a longer term hold or a quick swing trade with an exit by August 11.

Buy zone: $26-27

Sell targets:

  • Exit by August 11 if swing trading
  • Previous all time highs around $50-52 if holding as an investment

Stop loss:

  • 3% below entry price

Follow me on social media: https://linktr.ee/realchartchamp

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