Hello Traders!
KCM is correcting along with the market.
Buyers support the range of $142 - $193
We can consider purchases in the range of $142 - $162 closer to the support level of $142, counting on a rebound.
The position should be closed with a stop-loss if the price goes under the support level of $93.
The targets are price levels of
$286
$328
$388
Excellent risk/profit ratio.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
KCM is correcting along with the market.
Buyers support the range of $142 - $193
We can consider purchases in the range of $142 - $162 closer to the support level of $142, counting on a rebound.
The position should be closed with a stop-loss if the price goes under the support level of $93.
The targets are price levels of
$286
$328
$388
Excellent risk/profit ratio.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.