KCS is moving in a local uptrend channel.
Volatility and trading volumes declined over Friday.
The price has reached the lower boundary of the uptrend channel and is above the 200MA on the 30m timeframe.
50MA breaks up through 200MA on 30m Timeframe.
I expect that the price will now test the lower boundary of the channel, but after fixing above it will continue to rise.
Volatility and trading volumes declined over Friday.
The price has reached the lower boundary of the uptrend channel and is above the 200MA on the 30m timeframe.
50MA breaks up through 200MA on 30m Timeframe.
I expect that the price will now test the lower boundary of the channel, but after fixing above it will continue to rise.
