Symbol: KOS
Position: 101 shares
Entry: ~$5.83
Stop-Loss: $5.14 (~11.84%)
Profit Target: $7.81 (33.9%)
Risk/Reward: 2.87:1 | $-Risk: $69
Technicals: RSI divergence on daily chart.
Fundamentals: Reversal, Bounce off 52-Week low, African Rig Count Up
Notes:
• This trade is solely based off RSI Divergence being a correct harbinger of trend reversal. In this case,...
