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Analysis: #NASDAQ $KALA
Case 242 #Kala_Pharmaceuticals Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#KALA 1/4
Case 242 #Kala_Pharmaceuticals Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#KALA 1/4
Chart 1
Weekly Chart: For the first time ever the #SMA 20 has cut above the SMA 50 signaling strength and price is attempting to close above #pivot #resistance at 9.23 which should target 14.00 then 17.30. Immediate #support is seen 8.90 followed .....
KALA 2/4
Weekly Chart: For the first time ever the #SMA 20 has cut above the SMA 50 signaling strength and price is attempting to close above #pivot #resistance at 9.23 which should target 14.00 then 17.30. Immediate #support is seen 8.90 followed .....
KALA 2/4
..... by the #confluence area of the SMA 20 and #trendline at 6.30. The daily SMA 200 has been supporting the minor uptrend since the beginning of the year and currently sits at 5.21
KALA 3/4
KALA 3/4
