KTOS is a small cap stock with the potential for big gains. They are in the Defense and Security sector and could benefit from U.S. military spending. It is also very liquid with over a million shares traded daily.This stock is sitting near all-time highs here and looks like it is ready to break out. But it could be a double top as well.
I have been in this trade for a few days and added yesterday when it looked to me to reverse the down day. It needs to clear $36.85 - $37.00 to be a clear breakout. Over that level everyone is in the money.
This is my idea and my trade. If you like the idea, please make it your own and honor your trading rules.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.