A crossed MACD, lack of volume, bearish candle sticks and falling ADX make KND an appropriate short.
The current levels offer a high risk-reward multiple as the targets are significantly lower as uptrending channel support has already been breached. A stop above the recent highs (and Aug 2014 highs) would be appropriate for this set up.
The current levels offer a high risk-reward multiple as the targets are significantly lower as uptrending channel support has already been breached. A stop above the recent highs (and Aug 2014 highs) would be appropriate for this set up.
