KMPR trade ideas
$KMPR - KATTTIEEE ily Little coincidental - the similarities between this & my $ANDV idea except for the fact that I'm bullish $KMPR, but (temporarily) bearish $ANDV. Main difference between the two, is the (white) curve. Same reason yield curve causes the market to get anxious, but obviously this is just my strategy. Typically, there's 2 main scenarios I see all the time, & if you see "KATTTIEEE" throughout old posts you'll obviously find the first type lol. KATTTIEEE is a more stable up-trend for a longer time duration, while $ANDV is what I refer to as the "dirty flirty" - If you're wondering, I honestly came up w/ the names as I felt my way around this moving average strategy & the similar correlations they have to certain moves that follow. Both - super bullish (& essentially immediate) price reaction if you find the setup right as it unfolds.
"KATTTIEEE" - Price action is hot cold, yes no, in out, up down, wrong right, black white, etc., but as a result of the choppiness in price, if the 55 low MA can resist breaking below the 180 WMA - it's a go. An easy, A+ buy. Obviously more bullish & reliable on daily charts, but easier to time the trade with shorter chart durations.
"Dirty Flirty" - Essentially, a much more volatile, harder to time, but easily more profitable (both long & short including other factors) setup. Price is typically @ or around it's highs, with some wild sell-offs, but quick to bounce back & test the highs every time (almost like a cycle that seems never ending). What's interesting with this pattern is the same fact that both 20 & 45 EMA don't break below the 180 WMA (20 merely does, but corrects itself from testing highs again within days). As white curve (55 low MA) moves below the 180 WMA, it just seemed to me that's what the volatile moves were trying to do, because eventually, price breaks out just like it would if the white curve hadn't broken 180 support, but it's the fear factor as to how bear of a trend would start if price can't maintain the highs after that.
Story time's over - A1 target $86.10 , B2 target - $89. Could see some consolidation that follows, but that could be an even more profitable bull move if the bull trend ends up as a continuation.
Some "Dirty Flirty" examples
Use to just call these "fish hooks" just because the quick bounce back to highs, but obviously that's where risk comes in because if price doesn't recover, neither does the "fish hook" of the 20 EMA. As long as 45 EMA remains above the 180 WMA, up-side has potential, but it's the question as to how much. KATTTIEEE is ol reliable for me.
