Thread by @malteseinvest

Analysis: #NASDAQ $KURA

Case 298 #Kura_Oncology Inc.

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

#KURA 1/4

Chart 1
Weekly Chart: Price found #support at the combined monthly #pivot, Fib 0.786 and sloping #trendline - 7.51/11, closed above all the main #SMAs and recaptured the long term trendline (resistance back to support). Upside #momentum is .....

KURA 2/4

..... very strong and a close above the monthly pivot #resistance at 22.60 is required to target 29.78 then further out 34.43.

KURA 3/4

Chart 2
Daily Chart: A clear view of price closing above the SMA 200 and trendline.

The #Strategy is printed on the image.

$KURA 4/4