I will be concerned if the share price dips below $2.70
From a purely Technical Analysis point of view, the best scenario for KWK will be a rise from these levels to $3.20 area where it should consolidate and then pending the fundamentals going higher or lower. I have only followed KWK for the last 6 months, but I am not impressed with the transparency & communication of the management at KWK. I am just hoping that some good news will be forthcoming during the next Earning report and a better clarity for the path forward.
I am surprised that there is no date yet announced for the Quarterly report yet!!!
Could Anyone on this board with more than 2 years of experience trading the KWK respond to my post and educate us on the fundamentals of the company? The good, the bad & the ugly? I will be very thankful of any insightful posts. BTW, my expertise is purely in Technical Analysis of stock charts and I have been doing it for the last 30 years.