Kratos Defense & Security Solutions, Inc. ( $KTOS ) is one of the best stock to buy and offering possible buying price between $23.06 – $24.21, as of June 25th, 2019. Let’s look at the stocks technical actions using a weekly chart.
2. After a long base, the stock started to surge back in January.
3. But, it met with a resistance and slided and gave up all the gains.
4. But, the stock staged a breakout on a rock solid volume, as it found support at the 50 day moving average.
5. Then stock made a short, but nice gain.
6. The accumulation volume seems to be high, as well.
7. The stock in a sideways move for the last 4 weeks, now.
8. The potential buying price would be $23.06 – $24.21 with a stop loss at $21.22.
