Nextdoor Earnings Offer Another Trade Opportunity
$KIND
I first posted about KIND 0.00%↑ in December of last year -
It was a nice quick-strike trade up to $2, before the stock stalled out at a prior area of interest. The company reported earnings this morning and the reaction has been positive, with the stock up around 20% at times throughout the morning.
A weekly close above $2 would seem to be constructive, as downside risk can be managed to the $1.85 level, and the upside factors mentioned from back in December remain in play.