| The business behind the chart. Kinder Morgan operates roughly 66,000 miles of pipeline and moves nearly 40% of all natural gas consumed in the United States. It does not produce gas. It moves it. On long-term take-or-pay contracts - meaning customers commit to paying for pipeline capacity whether they use it or not. Almost two-thirds of EBITDA - earnings before interest, taxes, depreciation, and amortization, a measure of operating profitability - is fee-based and largely insulated from commodity price swings. The Iran war does not directly touch that business. But it strengthens the long-term case. Europe needs US LNG more than ever. AI data centers still need power. More than 50% of KMI's $9.3 billion project backlog is targeting data center power generation. That backlog grew by $6 billion in the last 12 months. In January, KMI beat adjusted EPS estimates by over 8%. Revenues jumped 13% year-over-year to $4.51 billion. Record annual net income. Eighth consecutive year of dividend increases. The business was already inflecting before the geopolitical noise arrived. The trend. The pattern. The squeeze. Trend first. Always. Stacked EMAs daily and weekly. Institutional support on the 200 SMA. Relative strength against a flat market. This is not a stock fighting its trend. It is a stock being carried by one. Pattern second. After the January earnings run, KMI coiled. Tight consolidation near the 52-week high. Not giving much back. That is spring loading, not distribution. Squeeze third. Bollinger Bands contract inside Keltner Channels on the daily. Volatility compressed. The tape is loaded. All three conditions are present. That is the TPS setup - Trend, Pattern, Squeeze. In that order, every time. No trigger, no trade. I do not yet have a position in KMI. I am watching, not trading. The trigger I need is a clean daily close above $34.34 on volume. That tells me the compression has resolved and the next move is underway. Until that happens, KMI stays on the watchlist. A squeeze without a trigger is just a stock I am monitoring. If the trigger fires, I will be looking at the EMA 20 - the 20-day exponential moving average - as my stop. A clean close below that level on volume means the thesis is wrong. Exit defined before the entry. That is non-negotiable. What would prove this wrong? Two things would change my read. First, if the broader energy sector rotates hard on a ceasefire, traders who bought on Iran headlines will sell all at once, taking KMI with them. Your Action Plan This is a setup I am watching, not a trade I am in. Keep KMI on your radar. The trend is intact. The pattern is tight. The squeeze is loaded. The business has real structural tailwinds that existed before today's headlines and will exist after them. The traders reacting to every missile strike are creating noise. The chart is cutting through it. When the trigger fires, I will be ready. Until then, I wait. If you want to see how I build full positions around setups like this one - a specific entry and a defined stop - that is what Daily Profits Live is built for. Check it out here. | 
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