Thanks to @mirren for the good discussions last night :) For...

  1. 1,427 Posts.
    Thanks to @mirren for the good discussions last night

    For those learning, here is the hourly breakdown of the KAI action today.


    Big buying this morning (pink circle) which continues into the next hour.  Third candle has downward pressure creating indecision after such a positive morning - this indecision is shown by the low-spread doji on low volume (4th candle).  The 5th candle is crucial as it will indicate what the market has decided - in this case buying resumes.... then boom

    Capture hourly.PNG
 
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