Kornit Digital Ltd

On the above 4-day chart price action has corrected 90% since the sell signal (not shown). Now is an excellent long moment. Why?

1) A Strong buy signal prints (not shown).

2) Price action and RSI resistance breakouts.

3) Strong bullish divergence. In fact this is the strongest divergence the stock has ever printed with price action over a 80 day period.

4) No stock splits.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know
Stop loss: <= $17.50

Trade active

Note

Does price action pass 26 dolla? Then open up the throttle, no more resistance until 90.

Trade active

Past resistance now support.
GRM support confirmed.
Up 30% so far.

Note

up 60% so far

without_worries

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Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

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without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on: