KNC Poised for Breakout
Updated
Trading above 20-period MA (4h) in a tight range after the sell-off.
RSI looks healthy again on the 4h, but daily still has plenty of room for growth.
This could pop at any moment.
RSI looks healthy again on the 4h, but daily still has plenty of room for growth.
This could pop at any moment.
Note
Things could be taking a slide for the worse here..wait to see how it plays out.Note
WeeklyLet's zoom out a little bit to the weekly.
We've got a lot of historical support at this range over the past 2 years.
Daily
Not really any discernible edge on the RSI & MACD for divergence.
RSI has been hanging out in oversold, nearly oversold since the recent dump.
Hopefully some higher lows develop over the next week.
Note
*10/4/22 Update*We're back in the game on the 4h.
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