KMK is it reversing its downtrendIs this a breakout which signifies a reversal of the trend?
Price is now well above the 50 EMA.
KMK trade ideas
KMK: a convincing breakout Kromek is now in the middle of a convincing breakout after breaking the downward triangle pattern on 7th June.
KMK rise todayKMK hit a recent high of 34p and has sold off since March. Support was 26p and now it should move higher. Even on today's move, it still hasn't broken it's pattern just yet, although the next few days will determine what happens. Alternatively it will range in the absence of any clear market direction.
