Kadant Stock Breaks Down, Weakness Likely To Persist
1. KAI is in Phase 8 of an 18-phase cycle, showing poor outlook. 2. The stock broke below its Cakra structure, hinting at selling pressure. 3. KAI dropped 23% after breaking its Cakra near $350. 4. Further underperformance is likely until developments in 2029. 5. Investor caution is advised for long positions in KAI.