KNC pattern repeating to a new ATH !!!
Updated
Used Fib retracements to project target price, then used trend line to estimate target date.
Trade active
Entered at $3.165. Targets set throughout red zone from $3.66 to $3.92.First pattern took 18 days to complete.
New pattern will take a little less than half that time, based on current rate of completion.
So the new target date should be around 4/11 or 4/12 depending on volume levels.
Trade closed: target reached
Trailed up to $4.18 for a nice profit, but missed the $4.32 ATH. This was my first published idea. Thanks for reading.
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