Dec. 17 at 8:05 PM
Until recently
$KNX showed up pretty regularly on my list of growth stocks at a reasonable price. Then one day it “graduated” off that list by moving higher and becoming more expensive. The earnings growth was still there but it was no longer a bargain. It moved up thru resistance on volume. It’s now in a new trading zone with the next level of resistance near
$60. So that’s the next price target. Once you find the support and resistance lines on a chart, the trading plan pretty much writes itself.