Kratos Defense (KTOS) | Flying Hot

Volatility Watch

Kratos | Bullish correction by follow_the_money on TradingView.com

Press the play button in the chart above to watch the trade play out day by day.

KTOS has had a huge run lately and sometimes its good to ring the register. To watch for future incoming defense contracts for Kratos Defense and other companies, click here.

Technicals:

  • Pattern suggests KTOS has ran its 5-wave sequence. 
  • Rising wedge suggests a pullback incoming 
  • upside potential $26. watch for sharp selloff if this is the case. 
  • on a pullback, support levels I will be watching are $22->$20->then $18 (look at chart for measured levels to the cent) 
  • Fibonacci extension usually extends between 1.27 — 1.414 from lows. We are there NOW. 

If you visit the Kratos Defense page on Alpha Defense News you can make your own chart, save, and share to Social media of your choice.

Tip # 4: Wait for trades to come to you. Be patient, you cant move market on your own. 

#VolatilityWatch

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Disclosure: I do not own a position in KTOS . This is not a recommendation to buy or sell. Please do your homework before investing

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