During the appreciation leg, KLAC formed a small pivot whose subsequent candles did not violate the support of the Fiboclouds, which aligned and compacted in the H4, D, and W timeframes.
This movement suggests a breakout towards the intermediate target. If this projection materializes in practice, and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was entered.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
Remember that, ideally, only a daily close above 786 activates the entry to a 'buy' position.
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