Aug. 10 at 11:06 PM
Karman Space & Defense
$KRMN (8h)
Bullish Flow: Institutional sweepers are loading shares following a stellar Q2 beat (
$182.1M rev, up 58% YoY with 24.4% organic growth) and a guidance raise to
$730M–
$745M. Smart money is positioning for accelerating defense backlog conversion (
$1.3B record backlog) and Europe market expansion via the
$94M Walker Precision acquisition. 🐂 💧
Bull Key Level:
$65.00 (Bull confirmation to break local downtrend resistance, clear immediate wicks, and launch macro reversal) 🐂 🔥
Bear Key Level:
$52.00 (Key structural support floor and multi-month demand zone to defend) 🐻 ⚠️
Targets:
$80.00 /
$102.00 💰 🍺
Why: The 8-hour chart shows
$KRMN putting in a firm double-bottom base around
$48–
$52 and reclaiming its primary trendline. With 95% of 2026 revenue already locked in and a new 200,000 sq ft production facility coming online, reclaiming
$65 opens a clean run toward analyst consensus price targets.
| #technicalanalysis | #hovdid
