KMI, Buy opportunity

As evident on the chart, the correction has concluded at the 50-61.8 Fibonacci retracement level. Additionally, the price is breaking out above a descending trend line and a minor resistance level. In my opinion, once we receive confirmation of a breakout above this level, it may present a compelling buying opportunity. Potential upside targets are approximately 28 and 30. Be sure to set a stop loss in accordance with your individual trading strategy.