HUGE short opportunity in KBIO if...

[huh]

HUGE short opportunity in KBIO if it falls <24.15

If it loses that support, this will be one of those "Oh my God if only I knew that was going to happen" moves. It could and will likely go higher yet (~28.17?), so that support will be rising as well.

[huh]

The key support and short confirmation is now if <24.49, downside target ~7.60 (~69%)

[huh]

So much for the "Oh my God if only I knew that was going to happen" move in KBIO - at least in the direction I had thought. Up ~50% this morning. Wow. On the bright side, the spot at which to short it goes up dramatically. Looks like this will be yet another one of those H&S-RS-Squeezes, and if that's the case, should see at least a small topping pattern as the higher high is put in.