SpinTrades

Oversold, breakout of giant falling wedge

Long
SpinTrades Updated   
NYSE:KCAC   None
A bullish pattern breakout, a doji candle potentially signaling a reversal, and oversold on the slow stoch. This may have found a bottom and could run in sympathy with TSLA this week.
Comment:
A small upward move out of the wedge but quickly fell back.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.