Chart

Couldn't find the previous chart thread so a new one.

So a "good' Breakout of resistance gaps to 17 on twice 21 day av volume.
Volume Analysis is a bit "tricky". A reason being that for every Buyer there's a Seller
but green days always get 'rah rah'd' as Buyers are Back.
Really Big Volume Days get the comment
Oh a Substantial Holder Notice will Issue.

Well I've seen on some ocassions that a Day's Volume equalled ALL of the Shares on Issue in Number
and yet No Sub Notice ever Issued 3 MONTHS let alone 3 days later.

How can this be? Well Pilgrims to Mammon it's the phenomena called CHURN
Pass the Parcel, Pip Trading Multi times in the one day, Churn, The PUMP.

I don't consider KNL had such a trade today. well not much of it anyway. Think it's Graphite Sector Sentiment Revival.

So we have a day, an event, an indication Positive to Long Term Holders requiring tomorrow an Uptrend Re Estab Confirmation

That'd be a Higher High at 18/5  but mostly cracking and staying above 21
Note the Staying Bit!!
as encouragement to

Happy Holding.