36Kr Holdings Inc. (NASDAQ:KRKR) has been trending lower for months. The stock is down 50% since its highs in February. After a steep drop earlier in the month KRKR has been trading sideways for the last 10 sessions. In today’s action, KRKR is trading in a very narrow range between 2.40 and 2.44 on light volume.
KRKR Announces 1Q Earnings Date
- KRKR to Report First Quarter 2021 Financial Results on June 1
- 36Kr Holding’s management will host an earnings conference call at 8:00 AM
- Late last month, the company announced filing of its 20-F.
- 36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more.
Market Movement
As of 10:30 KRKR is up by 0.03 or 1.25 % at $2.43. The stock has traded 15k shares, compared to its average volume of 140,053K shares.
Trader Notes
Moving Averages
| +/- EMA(20) | 2.60 (-7.69%) |
| +/- SMA(50) | 3.05 (-21.31%) |
| +/- SMA(200) | 3.30 (-27.27%) |
| 5-DAY PERF. | +1.69% |
Important Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 2.3100 | 2.3400 | 2.3700 | 2.4000 | 2.4300 | 2.4600 | 2.4900 |
| Fibonacci | 2.3400 | 2.3629 | 2.3771 | 2.4000 | 2.4229 | 2.4371 | 2.4600 |
KRKR has been trading in a very narrow range the last 8 sessions. Longs are looking for KRKR to break above 2.50 for a rally.
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