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Analysis: #NASDAQ $KTOS

Case 363 #Kratos_Defense & Security Solutions Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#KTOS 1/4
Chart 1
Attachment 1
Weekly Chart: The cascade of liquidations seen in Mar. 2020 sent the price crashing through 2016 #trendline support, #SMA 200 and 2013 #pivot range close (8.99) finding #support off the #Fib. 0.886 at 5.34. .....

KTOS 2/4
..... The recovery has been good with most of the losses absorbed but #momentum is negative and major #resistance in the zone 20.44 - 21.69 is formidable - a 2 week close above the latter targets 31.17.

KTOS 3/4
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