re: Kemet Corporation (KEM)

quote:

---

IS it too late ot get in?

---

Next level of resistance is $24.86. This is the mark where KEM began its up and down movement (last October/November). Currently sitting at $22.67, so potentially room to run, just have to worry about profit taking and any other geopolitical or tech event that causes KEM to come crashing down.

The company has a solid outlook and is increasing capacity this year, which means that they can begin to satisfy their huge demand, which means better earnings.

If we do get through the $24.86 level, then the mid $26s is where we go to next.

With all that being said, it's up to you to make that call. And sorry if I jinxed it, but KEM is finally getting some respect.