Aug. 13 at 11:47 PM
$KMI
Bullish Flow: Buyers pushing
$KMI right up to resistance following a solid reclaim of core moving averages on the 8hr chart. Institutional flow showed a long-dated
$48K sweep taking the ask on December 12/18
$36 Calls at
$0.57. Volume profile highlights a massive high-volume support shelf underneath while price coils for a potential breakout toward local highs. 🐂 💧
Bull Key Level:
$32.50 (Break & hold confirms breakout toward upper supply) 🐂 🔥
Bear Key Level:
$31.10 (Loss of support opens retest of lower demand shelf) 🐻 ⚠️
Targets:
$33.50 /
$34.50 💰 🍺
Why: Steady accumulation on the 8hr timeframe with buyers defending the yellow trendline and positioning in far-dated calls for upside extension.
#KMI #optionsflow #stockmarket #technicalanalysis #swingtrading #hovdid