Bullish outlook for KForce due to positive momentum signal from breakout of Ichimoku Cloud.
I expect prices to continue in its rally upwards to $39.95.
Idea invalidated if prices fall below $35.38 consistently.
Rationale: Daily Viewport (Breakout of Tenkan Span) - Beginning of a bullish breakout after a brief winter in 4th quarter of 2018. Weekly and Monthly Viewport - Bullish Trend, no change in due to Chikou Span staying above Senkou Span B.
Trend Indicators: Ichimoku (9,26,52), MACD , OBOS
Trade active
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Daily candles are looking looking good.
If the rally sustains itself, I expect a minor pullback at 37.41 before testing the resistance again.
Trade active
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The markets blew through the resistance.
In my opinion, I am confident about the rally to 39.85, nothing appears to be blocking the move upwards.