KMI - breaking up and away

With the sp'500 breaking a new historic high, there was also notable price action in Kinder Morgan (KMI), which settled +3.5% @ $19.19. Mid term target is $22, with $26 no later than spring 2017.


KMI, daily

KMI, monthly

Summary

Suffice to add...  after being stuck for some months.. we have a bullish breakout.

See key stats @ http://finance.yahoo.com/quote/KMI/key-statistics

*Yahoo finance are reworking their pages, but still... its a good first place to look.
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From a pure price momentum perspetive, at the current rate of incline, the monthly MACD (green bar histogram) cycle will turn positive in Sept/Oct... certainly before year end.