Stock Chart Analysis KCI
Kinetic Concepts, Inc. (Public, NYSE:KCI)
KCI gapped out of a base in late July and has had some volatile swings as it tries to consolidate the break out. If pulled back to the breakout area and is trying to re-establish the prior uptrend. It reclaimed the 20 day sma and appears to be using it for support. It is close to breaking the downtrend line shown below and could break to new highs soon if the markets cooperates.
Good Trading,
Joey
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I can see that you are putting a lot of time and effort into your chart and analysis blog.I love every single piece of information you post here.great call on this stock..
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