Kornit Digital LtdOn the above 4-day chart price action has corrected 90% since the sell signal (not shown). Now is an excellent long moment. Why?
1) A Strong buy signal prints (not shown).
2) Price action and RSI resistance breakouts.
3) Strong bullish divergence. In fact this is the strongest divergence the stock has ever printed with price action over a 80 day period.
4) No stock splits.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know
Stop loss: <= $17.50
