Tuesday, December 8, 2015

KMI Updated Chart - 12/08/15

Last time I posted about KMI here, it was on free fall mode from about $20. Since then the stock appears to have found a bottom at $15. As seen on the chart below, the stock bounced off this level on very high volume, indicating that bulls think this is an attractive buying opportunity. At this point, I am comfortable recommending a long position with a stop loss right below $15.