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Kinder Morgan Stock Could Regain Upward Momentum

Ruth King
Kinder Morgan Stock Could Regain Upward Momentum

Kinder Morgan (KMI) is trading nearly 2% above its 50-day moving average. Kinder Morgan traded close to its 50-day moving average last week, fell below the average twice, and ended the week above the average. However, Kinder Morgan is trading 9% below its 200-day moving average. Kinder Morgan has fallen nearly 11% year-to-date.