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KNOL Ascending Triangle

By Johns Wu on Jul 04, 2006

KNOL, Knology Inc, showed up on my ascending triangle scan as a potential breakout candidate.

KNOL

Keep this stock chart on your radar for a potential ascending triangle breakout above $10.

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This entry was posted on Tuesday, July 4th, 2006 at 10:06 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.


2 Responses to “KNOL Ascending Triangle”


By Danny (Mr. Pink) on July 4th, 2006 at 10:23 pm

This is a speculative play on broadband service in the Southeast. Like how the EV/subscriber metric is gaining traction, as well as how the firm’s net debt/EBITDA multiple is expected to fall in 07. Note that debt/total cap still remains > 70% and there is probably still risk overhang due to predeccesor’s 2002 bankruptcy. With a 19M float and 36% insider holdings, this one could esily pop on a blow-out quarter. Nice pick, but I’d be an idiot to put it in junior’s 529.

By JWU on July 7th, 2006 at 12:44 pm

ouch. ugly action in KNOL today violated the ascending triangle support.

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