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Market jitters and that awkward day yesterday but KNL is back...

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    Market jitters and that awkward day yesterday but KNL is back and off life support today, my rudimentary, amateur charting suggests that the small gap @ 0.19 has been ignored with price action instead bouncing off the 78.6% fib line. That green candle is sneaking back into the Keltner Channels, MACD just crossed the signal line, nice and flat on the histogram, should swing positive with a good day tomorrow.

    Has the tide turned? Some big money has recently entered, it'll be interesting to see how far this gets pushed. Definitely not advice but I feel KNL will be retesting that 0.28 level sooner rather than later.

    Last edited by Ajinomoto: 15/09/16
 
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