KL - A good spot to increase one's exposure to rising gold?

Kirkland Lake is bouncing of triple support: horizontal support\resistance at 44 (where it topped in April, very important backtest!); falling resistance drawn from all-time highs, and the shortest MA that I personally use (the 9 day exponential). It has also closed the upside gap from last week (see the daily candlestick chart), so that's out of the way now. KL is trading long-term inside of two partially overlapping rising channels, and is fundamentally very sound and well managed. This looks like a good setup to grab some more shares, provided it holds its gains until the close.

Full disclosure: long KL at 1% of total assets.