Long

Going long KEM on Tuesday

By BigWaveTrading
KEM is printing a bullish candlestick price bar, closing near its HOD, right off its uptrending 200 DMA on heavier volume with my momentum/trending oscillators confirming the price move. I am going long KEM on Tuesday using a limit order (GTC-BUY-LMT) @ 16.43. I will have two trailing sell stops (GTC-SELL-STP) @ 15.79 and 14.57 to protect my initial invested capital in case KEM does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from November '16 - October '17.
Chart PatternsTechnical IndicatorsKEMStocksswingtradingtradingTrend Analysis
BigWaveTrading

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