KBXFinally, people were disappointed in KBX’s price action. This is a bounce play that had a lot of potential and the strong buying ahead of the open caused it to gap higher. Investors used that as an opportunity to take some profits and drove the price to close at
.70. However, it’s not all bad news. Volume was relatively low on Tuesday so if activity picks up, the price should recover fairly easily. The first resistance point for this stock is
.75 but the major test will be at
.80.