The KTD chart is forming a nice basing pattern circled yellow and still requires a few more volume days for confirmation of higher volumes for green days and lower volumes for red days which will indicate a trend reversal slowly back north.
The bowl shape as compared to a typical V shape, indicates a gradual sustainable reversal and is a reliable indicator.
On the FA front, if the quarterlies reveal a jump in sales to about the $700k+ per quarter this would indicate a growing business, however it will take a few quarters to understand the underlying core business growth. My expectation is within the $600k to $700k sales for this quarter.
The KTD chart is forming a nice basing pattern circled yellow...
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