Login / Join

Technical analysis by BillyStaples about Symbol KAS: Buy recommendation (7/31/2023)

https://sahmeto.com/message/2675439
BillyStaples
BillyStaples
Rank: 11918
1.5
Buy،Technical،BillyStaples

It appears we are close to a symmetrical triangle breakout on the KAS chart. The breakout has not yet occurred, but if it does here, we could see price movement to $0.0455. Good luck!You can see a breakout occurred, and already a clean retest of the trendline. The only thing I do not like is that there volume was not so significant on the breakout, which could indicate a weak breakout and the possibility of price falling back within the triangle. Time will tell. Target is still intact. KASThis trade is looking good and is right on track!!! Approximately halfway to the target. Some see this playing out as a larger cup and handle pattern, which is possible. But let's focus on this move first!!Target reached!!! Thanks for playing!!!

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$0.12501
Share
Signals
Top Traders
Feed
Alerts