KSN Chart, page-241

Well, always impressed to see those thread forgotten

Bullish signals :

• SAR green, below prices, trending north
• Supertrend green, below prices, freshly reversed from the downwards trend from the pas couple months
• MACD minus signals has changed polarity last week, has crossed the zero line and doesn't show sign of weakening in this positive region.
• Major oblique support was hit on october 14th, Subsequent bounce confirmed the upward canal started back in April.
• SMA 50 (medium-long Term) is still slowly heading North even with the recent bearish consolidation.
• SMA 20 ( short term) is rising fast, expected to cross the SMA 50 soon at the current pace.
• Ichimoku Senkou span cloud is thining, and could easily se its polarity reversed. Prices are already above it anyway
• Ichimoku Chikou Lagging Span had crossed the prices upward and is now above past candles.
• Tenkan Sen and Kidjun are trending up too. Short term is above the medium term trend on this indicator.
• RSI is high, yet not overbought. Buying pressure is high, but still some room for growth.
• Prices are following the Bollinger nicely, could expect to reach the local high of 0.30 quite soon.

Bearish signals :

• The cloud has not yet been closed and reversed polarity.
• A retreacement to the SMA 7 could be possible it the prices keep soaring out of the upper bollinger.
• Some resistance could be expected by the mid-canal / 0.3 horizontal resistance in a few days.
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Tell me what you see and think