Long Position on KTOS @ $11.00 on 6/21/2017 (Momentum)

Kratos Defense & Security Solutions, Inc. (KTOS) provides mission critical products, solutions, and services in the United States.  

The company operates through three segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security.

The Kratos Government Solutions segment offers microwave electronic products; satellite communications; technical and training solutions; modular systems; and defense and rocket support services.

The Unmanned Systems segment provides unmanned aerial, ground, and seaborne, as well as command, control, and communications systems.

The Public Safety & Security segment designs, engineers, deploys, operates, integrates, maintains, and operates security and surveillance solutions for homeland security, public safety, critical infrastructure, government, and commercial customers.

The company serves national security related agencies, the department of defense, intelligence agencies, and classified agencies, as well as international government agencies and domestic and international commercial customers; and critical infrastructure, power generation, power transport, nuclear energy, financial, IT, healthcare, education, transportation, and petro-chemical industries, as well as government and military customers.

Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.

52-Weeks Trading Range: $5.23 - $11.47

Entry Point: $11.00

Stop Loss: $10.45

Targt Price: $12.10

Updates

6/28/2017 11:29:23 AM

KTOS closed at $12.29

Position closed on 6/28/2017 at price of $12.29 with a 11.73% gain in 7 days.

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