KML – Channel Support Bounce With Upside Continuation Setup
KML has successfully bounced from the lower boundary of its rising channel, confirming trend support and maintaining the broader upward structure. The price is now stabilizing above the channel base, keeping momentum tilted toward the upper boundary. As long as KML holds this support zone, the next upside swing targets the mid-to-upper channel region near 19–20, representing a potential +26% move, while downside risk remains limited to approximately –9% toward the channel floor.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any security.
KML has successfully bounced from the lower boundary of its rising channel, confirming trend support and maintaining the broader upward structure. The price is now stabilizing above the channel base, keeping momentum tilted toward the upper boundary. As long as KML holds this support zone, the next upside swing targets the mid-to-upper channel region near 19–20, representing a potential +26% move, while downside risk remains limited to approximately –9% toward the channel floor.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any security.
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TradeFlow Advisors
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.