Kimly is a stock that had been down trending for many years. The stock had been battered by some shareholders, owner and business issues in the past but however in recent months, it seemed to be turning and recovering. The most intriguing thing is it's currently in the Top 30 Volume for the past 3-4 times where rising prices was spotted. It is a turn in the business which contributed to the rise in the stock price or is it the stock prices recovery which attracted more buyers?
I think the key answer is to keep watching for the market depth and how buyers continue to trade up the stock. It's only by seeing how fast and how fierce buyers are willing to bite, we will then know what's really happening in the near future. Study the depth, u must be willing and able to be extra vigilant for such a risky stock if you are trading.
