[isatrader]

Ok thanks isa. What about the KMDA stock? Does it look good to you or not really?

I can't give advice on individual stocks, as not licensed to do so. But I have marked up the weekly chart for you to show you where it is in terms of the method to help you learn what we look for.

It made its first Stage 2A breakout attempt back in November, but it would have been stopped out with the investor method stop loss in the March crash. But it then recovered and broke out again into early Stage 2A in May on strong relative volume compared to its normal volume. It's since consolidated in a volatile range, making a base on base type pattern and tried to make a continuation breakout attempt last week following earnings on heavy volume, but it failed to hold the breakout and closed back down near the top of the range. So some of the characteristics that the method looks for, but a very volatile stock. Hence, risk would be higher, and so it would get a lower rating than other stocks with the same characteristics, but cleaner price action and more liquidity.

I hope that helps