KNC looks primed for a breakout imo. The previous period of consolidation was followed by a swing to the upside which was turned down by the $2 sell wall. We had a few days battling with $2 sell wall but sellers weren't able to bat KNC far away - currently ranging in consolidation box two. The more a resistance gets tested the weaker it gets. It's only a matter of time before KNC swings to the upside imo. The question is when?
There also looks like there is confluence on the move, as RSI supports ascending trendline having broken the previous descending one and is now making higher lows. Things looking pretty bullish from here.
I don't think here is a good price to long, either accumulate on the dips or wait for a meaningful $2 SR flip.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在
使用条款阅读更多信息。