Just an idea of what may be on its way

Going strictly by the fib fan and the mirrored pattern we are seeing here with the interior cup and handle spanning over 1000 days which would bring KNC to its all time high and from there possibly into price discovery if it can surpass that level. Consolidation periods for these moves may be more or less exaggerated then shown but you get the idea.

Bình luận:

Currently trending under the 0.5 fib line which is acting as resistance, once it breaks next stop should be $1.55 at the 0.618 and then $2.45+- at the fib 0.75

Once this breaks the 0.618 fib line it will complete the two and a half year cup and handle pattern and should see about a spike in price around $1.30 to the upside if the pattern plays out as planned