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Is KNSA positioned for a breakout? New 52 Week Closing High shows up after rising 2.15%
On Thursday, September 11th, KNSA moved up 2.15% while volume shrunk to 0.7× the usual levels. Multiple bullish signals emerged — New 52 Week Closing High, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 36.4, 35.8 & 35.48, with resistance at 37.33, 37.66 & 38.26. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of KNSA: B
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »