KTOS- Flag formation Momentum Long from $9.52 to $10.43 & higher
KTOS seems forming a flag formation. It also broke above long term resistance & holding above quite nicely. We would take flag break to reach first target & 2nd target would be momentum.
* Trade Criteria * Date First Found- May 11, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $9.52 Exit Target Criteria- $10.43 Stop Loss Criteria- $9.07
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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