KKR trade ideas
$KKR with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for $KKR after a negative under reaction following its earnings release placing the stock in drift C
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Cup and Handle Earnings 10/30 BMOEarnings 10/30 BMO
There is a rising wedge in this chart and KKR has fallen out, hopefully has recovered momentum
Was saved by the handle low so looks to be support there
Rising wedges are most often bearish
Over long entry level when I am writing this
NV and OBV are both high
The RW bugs me because it did not fall very far, I am planning to keep an eye on it this week
but go with your gut
Not a recommendation
Cup and Handle Rising WedgeThis one broke up above rising wedge on earnings. Long if sufficient pull back.
Rising wedges are usually bearish, but is often a long term pattern before stock falls out. So if you watch the market daily, you can just keep an eye on bottom trendline of rising wedge. Or you can ignore them. My trader friend says they are "too" bearish and can be bullish. We are all different. I do not like them if going long. Too many different stocks for me to trade without asking for possible trouble
I have seen a stock in a rising wedge beat the stew out of earnings and go down down.
Since the covid crash, rising wedges are everywhere. I rarely saw them before. Many stocks have already fallen out and recovered. Rising wedges are caused by a whole lot of buying without healthy pull backs. Seems to me at a certain point, there are no buyers left because everyone who was gonna buy already did. Then Boom! Down she goes. I guess it is a supply and demand thing.
Falling wedges can be bullish, especially at the bottom and can serve as a reversal signal if the stock breaks up and out of the falling wedge.
Earnings were good for this one. I like the stock. I do not recommend it, nor would I buy it today.
There was also a symmetrical triangle KKR broke out of. KKR would need to go to 31ish or lower to break the wedge pattern. But I see a very small gap that may hold at 32.3ish. A strong stock often only dips out briefly or maybe not at all I guess. Nothing is written in stone. Patterns are just patterns. Not the bible
Be safe! And this is just my opinion/everyone has one (o:
KKR & CO Analysis Hey my friends, KKR & CO is in a bearish dynamic fake, large volume of wind traded in the last session. It seeks to recover liquidity and by passing renegotiate its price downward, it goes to its last previous lower and start again upward.
Strong possibility of breakout of the seeing consolidation zone can be the dexterity if the buyers respond present. Check the volume !!
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KKR - DAILY CHART Hi, today we are going to talk about KKR
We observe a D1, some important points. The details are highlighted above.
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KKR TriangleAfter last earnings KKR was a bit all over the place but if the earnings report before last is any measure it once again shows that an earnings report means... nothing! (except be wary of forming an idea based on it)
Price has formed a nice descending triangle after a run up. This could prove interessting!
Going on my 2017 Swing Trade Watchlist. Hello Traders from around the world! =)
Well I'll veer away from posting about the fundamentals of the company as usual. This is merely my technical view point on the stock and what attracted me "technically" to the stock.
Well most importantly is the bottoming process the company experienced this year in the $11.00 - $15.00 range which also supported price about a year after the IPO low in the $9.00 area.
I also like how the long term moving averages have achieved a bullish crossover with strong breakout volume to support the break above $15 resistance after enduring a vicious selloff below $22.35.
Third, on a M1 (Monthly Candle Chart) price clearly found support and is trading strongly above the 10 EMA.
Hope you enjoy this chart analysis and always remember I personally never "marry" a bias and will switch bias if price proves my original intentions wrong. I do also scratch things off my watchlist sometimes if my plan gets invalidated and the opposite side of the trade isn't attractive.
Happy New Years,
Cheers. =)
MACRO VIEW: KKR BREAKOUT (LONG ENTRY)After trading laterally for the most of 2015 KKR is on the move again. Great opportunity to buy this stock for long term appreciation with little downside risk.
Price has broken out from its 1st standard deviation from quarterly (66-day mean) on 13th of July and passed an uptrend test on 20th of July 2015.
Thus on technical basis there is a clear upside risk with volatility expanding (measured by 3.2 st deviations from quarterly mean - light blue rays on the chart) - so traders can pick up long positions at pullbacks to the 1st standard deviation from 66-day mean (now at 23.7) with stops at the 66 day mean itself (23.15)
Fundamentally speaking, the company is very strong, as it holds a diversified portfolio of business (mostly private equity) and performs top-tier management of the holdings. KKR (dubbed "Barbarians at the Gate") is known for having a great business track record for over 30 years in private equity, although their stock was offered to the general public only in 2010 - and it doubled in price since then!
Read more about their holdings here: www.kkr.com The book (Barbarians at the Gate) is a very recommended read for any market professional!