🟩. KNSL - long setup

🧮Fundamentals:

• Strong fundamental with recent report surprising expectations
  
• Earnings: +50%
  
• Sales: +17%
  
• Gross Margin: +43.2%
  
• Institutional support: +523 funds (increasing over the last 5 quarters)
  
• Industry group: Top performing group (#16/200)
  

📐Technicals:

• VCP pattern (volatility contraction) as per Minervini methodology
  
• Stage 2 uptrend as per Stan Weinstein methodology
  
• Ongoing pocket pivots as per Dr.K and Gil Morales methodology
  
• Tightening around ATH (-3.75% from ATH)
  
• Probing resistance area
  

💰Trade:
Pricing a buy around $237 area IF we open on strong volume
Stop level will be $223 (around -5% from open)
Looking to make at least 2:1 Reward to Risk. Moving Stop loss to break-even at $252 level

تم فتح الصفقة:

The idea posted from yesterday is working according to plan.
We observe the following behvaiour

✅ Confirmations
9/15 Days up
9/15 Good Closes
4 Higher Highs
Up on +50% Volume
2 Weekly Higher Highs



❌ Violations
No violations

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