RE: Watchlist - Traders method
KNDI is still in a strong Stage 2 advance. I highlighted it's continuation breakout on 28th Dec here: http://stageanalysis.net/forum/showthrea...65#pid2565 and since then it's had a strong volume move higher by over 50% to over $15.
It's pulled back to it's 10 week MA this week on contracting volume, which is what we look for on a pullback in a strong Stage 2 stock. So watch for a close above the previous weekly price bar high for a potential pullback entry point, which can be seen clearer on 2 hour chart as it's close to the 2hr Stage 2A breakout level. Currently on the intraday chart it's in Stage 1B. So watch for a breakout with strong relative volume for more confirmation if you are considering it imo.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.