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knl chart - h&s?

  1. adrunis84
    1,811 Posts.
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    23/08/12
    20:57
    Post #: 10615295
    Possible H&S formation coming up, just need a right shoulder.

    neckline at 47, head 62.

    If this pattern is to play out we should see a bounce from here ideally to 58, followed by another retrace..

    ..of course what happens tomorrow could always change things, the pattern is still developing.

    KNL Price at posting: 47.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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