More downside for $KITE?
Kite in a downtrend after a huge move from around $20 to $85+ with some big seling during the downtrend.
The downtrend started with some huge volume and is now hitting the downard trendline nicely. A couple of dojis on ths trendline may result in a reversal to continue the downward move. If this doji is broken below, the stock may well head towards $50 and then maybe to around $45. No position at present
The downtrend started with some huge volume and is now hitting the downard trendline nicely. A couple of dojis on ths trendline may result in a reversal to continue the downward move. If this doji is broken below, the stock may well head towards $50 and then maybe to around $45. No position at present
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