Kingspan Group Unsp/adr is up a bit on the day, funds flowing in kept the price up 1.25% since yesterday. KGSPY is currently at a weak resistance line, price may carry its momentum forward and break through or potentially reverse and head down lower. Hard to say, I probably wouldn't bet the farm on
that alone... The company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $82.6 level, hard to say where it will go from there though.
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