With -45% ytd, the share Kinder Morgan, specializing in operating pipelines and terminals transporting natural gas, crude oil, carbon dioxide, continues to fall in direction of new lowest levels.

The company remains fragile. The group is in a difficult situation with a leverage amounted to 6 for the previous year. In 2015, sales are expected to decline by 9% to USD 14.7 billion. Moreover, forecasts are downgraded by analysts (USD 0.74 for 2015) concerning earnings per share.

Graphically, we see that the stock Kinder Morgan is in a bearish momentum, confirmed by its misguided moving averages. The share seems to fall towards 22 USD, the next support area.

Investors could take a short position with a target around the USD 22 support for a potential gain of 7%. A stop loss will be placed above the USD 25 threshold that would invalidate the bearish strategy.