KALY_CA (KALTF) broken out of a pennant formation today on strong volume. We think it will continue upward & Our first target is $0.40. But it can go further.
* Trade Criteria * Date First Found- December 5, 2017 Pattern/Why- Pennant breakout, Momentum Play Entry Target Criteria- Pull back to $0.22 or Break of $0.27 Exit Target Criteria- $0.40 & Higher Stop Loss Criteria- N/A Indicator Notes- Strong Twiggs moneyflow index
Please check back for Trade updates. (Note: Trade update is little delayed here.)