KUB potential rebound 🤔
Updated
Price still below Hull MA...
Still an overbought (OB) counter.
Awaiting retailers to play. Operators still holding strong at this moment.
Let see how it go next.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Still an overbought (OB) counter.
Awaiting retailers to play. Operators still holding strong at this moment.
Let see how it go next.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Note
Previous resistance (565) unable be the support 🥲
Currently staying at EMA 20. Due to today's drop, it slightly change the behavior of big picture (week chart). In which not look for for now.
>> base on week chat, it will continue to SE (south east = down).
>> price still like yesterday, below Hull MA.
>> bottom fish 🐟 has signal, but just let it finish drop first.
* We cannot against the trend.
* Why I often mention Hull MA? Whenever price below it will be high risk to collect, but doesn't mean when price above it is safe, just the risk reward is more ideal able.
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