Technical Summary: It is a funny 5 year chart for long term holders ot KMD. The stock touched highs of $4 in the middle of 2014 before crashing to lows of around $1.30 per share less than a year later. Since that time the volatility has largely left the stock and it has trended up in a slow moving uptrend. That was until yesterday, when after a market update the stock gapped higher and was bid higher throughout the day on higher than average volume. It will be interesting to see if this turns into a buyable gap up opportunity where the stock can be purchased based on its strength. It is likely in the short term that the stock will consolidate or pull back a little bit. We would like to see the gap in the stock price hold for the buyable gap up to be viable.
