KNC in for a third?
Please feel free to comment and challenge me on my TA. Hit a like to show support.
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- Setting a higher low from the previous low at the beginning of May.
- Only real resistance levels are the weekly (9042) and daily (10020) levels. These have not been broken since August 2018
- Crossed over the 50MA, which has acted as support two times since.
Now would be a good time to enter. If not, you can wait for a retest of the daily support (7075), but I don't feel the need to wait and will take the trade.
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- Setting a higher low from the previous low at the beginning of May.
- Only real resistance levels are the weekly (9042) and daily (10020) levels. These have not been broken since August 2018
- Crossed over the 50MA, which has acted as support two times since.
Now would be a good time to enter. If not, you can wait for a retest of the daily support (7075), but I don't feel the need to wait and will take the trade.
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