KEX trade ideas
Possible breakout on two indicators for KEXKEX beat its previous high on June of 20 as you can see with the horizontal price level.
It also had a breakout of a trend channel its been in since November of 20. Todays daily candle broke out of both trends with decent volumes. They also just had a good earnings call. This could be a strong breakout with the proper support and volume.
KIRBY CORP Idea DailyHello traders, KIRBY CORP is in a fake downtrend with a doji accompanied by a sellers trace and a purchase volume returns made. In the TIMEFRAME M1 we observed a marubozu acceleration with a large volume executed it goes towards its next lowest which is in a bearish breaking gap. And being able to make a reversal, it is plausible to breakout the price and then at the same time test a stabilization zone. That it will breakout just after arriving in a new area and go to the next top (See confirmation on TIMEFRAME H4 and H1).
And if the buyers are still in the process, go to the top afterwards to fill the bearish breakout gap seen from excess (on TIMEFRAME H4 and back in Daily). No force to reach half of the middle median of the ANDREWS PICHTFORK range.
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Weekly flat top break with micro wedge - Considering Teir 1 hereChart interest me too much not to publish an idea on this. Not taking action right this second
RSI and MACD likely test their supports here. If we bounce it is definitely a buy. I will take a teir 1 position at the least there.
RSI is in the right zone for a move higher here it seems.
Kirby Corp. stock set to reboundKirby Corp. shares have been trading lower for more than two months. A second downturn on the daily chart showed the formation of RSI divergence, which is a strong bullish signal. If the stock closes out the session above USD 88, there will likely be a bullish signal with a target price of USD 97.
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