I think now I will put channels on every single chart I look at! KNB was clearly in a set of downward impulse waves, now in the 5th looking for a bottom! Base channel from the highs was broken, acceleration channel got w4, w5 in the target zone now! Easy in hindsight, but I should have been better and noticed that in real time instead of hoping for it to be a zig zag ABC. Now it is going to be a much longer correction. Probably like TMG.
