KGB – Is it time to Buy ON Dip?
Greetings to all.
Technical review on KGB
1. An uptrending stock now showing a sideway triangle pattern.
2. Strong presence of buyers since breakout 0.85 until price hits 1.28. (Green Up Arrows spotted, refer to chart)
3. Sideway now with 1.06 as crucial support. Yellow candle (yellow indicates weakness) appears but 1.06 is taken as the last crucial support.
4. Breaking this 1.06 support, I will anticipate the price at two support levels, 0.955 and 0.85.
This sharing has been designed for informational and educational purposes only and does not constitute opinion of whether to buy or sell any security which may be referenced upon this sharing. The services and information provided through this site are for personal, non-commercial, educational use and display. There are substantial risks in stock trading and therefore all investors are advised to conduct their own independent research or seek professional investment advice into individual stocks before making a purchase decision. Cheers
Technical review on KGB
1. An uptrending stock now showing a sideway triangle pattern.
2. Strong presence of buyers since breakout 0.85 until price hits 1.28. (Green Up Arrows spotted, refer to chart)
3. Sideway now with 1.06 as crucial support. Yellow candle (yellow indicates weakness) appears but 1.06 is taken as the last crucial support.
4. Breaking this 1.06 support, I will anticipate the price at two support levels, 0.955 and 0.85.
This sharing has been designed for informational and educational purposes only and does not constitute opinion of whether to buy or sell any security which may be referenced upon this sharing. The services and information provided through this site are for personal, non-commercial, educational use and display. There are substantial risks in stock trading and therefore all investors are advised to conduct their own independent research or seek professional investment advice into individual stocks before making a purchase decision. Cheers
Disclaimer
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