Jul. 14 at 12:46 PM
$KRKNF is looking strong here.
I also see a very bullish setup.
Here's why:
Kraken develops advanced subsea sensors, robotics, batteries, and autonomous marine systems serving both defense and commercial markets.
With geopolitical tensions remaining elevated, demand for unmanned underwater technologies continues to grow. Recent military adoption of UUVs highlights a long-term trend that could benefit companies across the subsea ecosystem.
As a smaller Canadian player,
$KRKNF is more likely to benefit through partners and allied programs than massive direct contracts, but that's still meaningful if execution remains strong.
Technically, the chart is approaching a key breakout area. If price confirms above resistance with volume, I think the next leg higher becomes increasingly likely.
Also watching:
$TDY $KTOS $AVAV.
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