weekend charting 12 march, page-12

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    Rawk, KIK 4 u:

    2010-03-13 KIK daily

    Nice bullish candle on Friday so looks like it might still have some kick (pun intended) left in the current move. Also, indicators look bullish but not overbought & 41/195EMA cross is bullish and each time its occurred (October & January) its continued up a little further.

    However, its at the top of that trading range, which for me is the point to take some money off the table in case it fails to break the trading channel resistance barrier, and wait to add to position if it breaks that level.

    Cheers, Sharks.
 
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