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SunPower Corporation Message Board

  • mahilama1119 mahilama1119 Jul 22, 2014 2:03 AM Flag

    Thoughts on KNDI....Charts and Intuition

    I would not say Charts versus Intuition.....because "intuition" incorporates everything...including charts. It is not a feeling....but rather the 'sense' that arises from seeing the big picture and observing all information and then allowing that to settle into the brain....and then even further...into the heart and then the 'gut'. While KNDI 'may be in a cup and handle' formation....it also may not be. If you are trying to let a chart guide you ...you may then be tempted to choose an interpretation of the chart.....but the chart has multiple ways of being interpreted hence there is nothing concrete about the chart. The fact that KNDI has risen very rapidly in 8 days....with 2 huge gaps along the way must be considered. Meanwhile the volume has also been HUGE day after day. There are several concrete very positive catalyst on the way...but KNDI is also not denying past fraud....and who is to say they could not be delisted entirely from the Nasdaq. (perhaps someone has some expertise on this matter as to what it takes to actually delist a stock....and if so i would love to hear from them.) All of these factors swirled together...along with a little karmic destiny is what I call intuition. I see KNDI going to $25...pulling back to perhaps the $22.40 breakout range....then continuing up to $30 within 6 weeks. I see them being fined.....but not delisted. Thus leading to a $50 stock by years end of January. Time will tell.

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