Mar. 24 at 3:11 AM
$KDK down -31.5% YTD and trading 21% below its 200-day SMA at
$7.48 — this chart is screaming distribution, not accumulation.
RSI at 34, well below all key moving averages (SMA20:
$8.36, SMA50:
$8.80), burning cash with EPS of -
$4.26. Commercialization is years away. Compare that to
$AUR at
$4.38, up 14% YTD but still -13% below its 200-day.
$NVDA at
$175.64, RSI 41.97, below all SMAs — even the picks-and-shovels play is under pressure. Hard to be bullish on AV names when the GPU kingpin is fading.
Watching
$KDK for a potential dead-cat bounce near
$7, but no reason to chase. Dilution risk is real.
$AUR is the cleaner spec trade if you must play this space. 👀
#AutonomousVehicles #KDK #AUR