KAI Chart, page-13

Thanks charliekane for your effort to post your chart and commentary.

I'm looking at things a little differently.

Firstly, I'm not seeing a gap up to 5.4, but I do see a gap opened on 06/07 which was closed the following day.

As far as support, the only area traded sufficiently enough to offer support is the 3.6 - 4.0 cent zone where it traded within that zone for approx 5-6 weeks.

As far as other resistance, I'm really not seeing any perhaps for the top of the candle at 7.2, which may offer a double top.
Trading on that candle had a big sell off and exit, so I don't believe it will offer much resistance.

We have hit new recent closing highs surpassing 5.5cents on 01/07.

So Imho, this is a low risk play using 5.7 as your exit if it breaks on the close and the recent closing high of 6.4cents to enter on the break out.

Imho, 6.4 and 5.7 are the determining points for low risk entry and exits.

Given the recent high of 7.2 and low of 3.1, technical target of 11-12 cents is a clear possibility.

Good luck to all.