Apr. 29 at 8:06 PM
$KRMN: Patience Over Panache
$KRMN is currently hovering near
$70.50. I’m not here to catch falling knives—I don't need the absolute bottom to win, and I don't need the exact top to profit.
The Analysis:
Technicals: The chart is still in "healing mode." Currently trading below major moving averages, with RSI showing oversold levels but no confirmed reversal yet.
Fundamentals: The business remains a powerhouse with a
$1B+ backlog and revenue growing 47% YoY. The long-term growth story is intact.
Game Plan: Watching for a potential double bottom in the mid-50s to low-60s. I’m waiting for the trend to turn with real strength before stepping back in.
This setup will print money eventually, but are you brave enough to catch the knife now, or smart enough to wait for the trend to turn?
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