Kratos
KTOS - Dancing With 4hr 200maI think Kratos interacting here with the 200ma on the 4hr to be a critical area to watch today. I think we could bounce up potentially, but it's a tough call. I am neutral for now, just noting this critical area. NFA, DYOR
#Kratos (#KTOS, $KTOS) - Trend Outlook!#Kratos (#KTOS, $KTOS)
TOP 5 holdings of #ARKX $ARKX
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Dark Green candle spotted+Buy signal=STRONG buy volume abv 150% of 21day average using @VCCBtrader #VCCB strategy.
Will buy only upon pullback OR on break abv 2nd Supertrend resistance line. Don't chase blindly!
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TOP 5 holdings:
1. #Trimble (#TRMB, $TRMB)
2. The #3D Printing ETF (#PRNT, $PRNT)
3. #Kratos (#KTOS, $KTOS)
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5. JD (#JD, $JD)
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Drones are coming ! TAKOF drone delivery Canada is going mad !!so we covered the stock thoroughly in our DD article on our site so I will not expand here but just go over several facts:
they were founded in 2014 and currently using an AI integrated system called FLYTE that is not fully AI yet and monitored by staff in DDC headquarters but I expect full AI in the upcoming years.
they have 3 main types of drones the smallest called Sparrow with a range of 30km and can carry 4.5kg of payload
the second drone is Robin XL which can travel 60 km and can carry 11.3kg of payload and the biggest one goes by the name of Condor and can carry over 180kg and can travel 200 km distance which looks like a mini-helicopter!
the drone industry is expected to cross 300 B $ by 2030 acc to estimations by ARK invest that caused the drone industry to rally up
we choose to focus on this stock because the fundamentals are great but the technical are amazing !!
Let's talk Technicals:
The stock was IPO at 1.3772 and it is now touching the IPO level at 1.3558- reached a high of 1.5372 last week.
I LOVE that fact the POC is so high (red line)!! that is very very rare – the POC is at 1.442 which is currently higher than stock price (this formation of the volume is called P shape)
The purple square on the right shows us again an unusual behavior – the higher price levels are already accumulated so the stock can easily pass these areas with no need for convergence (good !)
The lower areas below 1.07 are empty meaning that if the stock drops to that area it can easily keep falling as these areas are not tested (Bad!)
so we cannot have stock falling below 1.08.
Stochastic is in the overbought area but we saw it correcting a bit in the last 4h which is prob because of the pump and dump behavior of the market lately which affects most of the other penny stocks.
One last thing worth mentioning is the tiny gap we have between 1.31 to 1.34 which may need to get filled as gaps will usually do but this is so minor that it won’t have much effect.
How would I play it > I would see pre-market action as always and see if I get a nice pullback to enter, if we see stock rallying pre-market we would not enter until around 17:00 – 18:00 UK time as it is the reverse of the true direction of the stock and can give us a nice correction entry.
We at FDGT the Traders Union are very bullish on the stock and we gave it a price target of 2.7 in the upcoming 2 months - with this meme market we may see it in the upcoming weeks LOL
we trade on our own rules! see you in the take profit
Cheers and be safe!
$KTOS going straight past $30 post earnings - strongest DFENBest defensive stock with government support. Who else has a bigger drone contract? Strongest stock within DFEN will carry the sector.
KTOS - channel break down but strong bounce off of .618 fibChannel breakdown does not look good, although the bounce off of .618 fib is encouraging. Need KTOS to regain and close inside the channel on Monday, if not I would get short.
$KTOS Best Value Buy Opportunity PotentialKTOS has gotten a lot of attention on television lately, but we don't think it's buy at the moment. Fundamentally, the company's exposure in Unmanned systems as well as Directed Energy makes them a contender long-term, as these are the two fastest growing subsectors within future defense capabilities. The latest news exposure and positive earnings news last quarter blew the stock up, but we maintain the opinion that major profit taking on a relatively risky stock will drive the price downward in the short term and allow for a buy opportunity for a long term hold.
