KKR shows signs of potential recovery

KKR & Co. is showing signs of potential recovery after a challenging start to the year for private equity firms. Recent analysis indicates that KKR has reached oversold levels, suggesting a possible short-term rally. The stock has fallen below its 200-day moving average but is now near support levels, which may increase the chances of a bounce back. Resistance points are identified at around $132 and $154. Despite these short-term positive signals, longer-term indicators remain negative, indicating that KKR may face continued challenges in the coming months. Other firms like Blackstone and Apollo are experiencing similar market conditions.