KNC - Wait For The Bulls!

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

KNC lately broke below the blue support (1.0 - 1.2) so for the bulls to take over again, we need a momentum daily candle close above 1.2

Then I will consider adding KCS to my portfolio again.

Meanwhile, as long as KNC is trading below the blue zone, we would be bearish and can still trade lower.

Which scenario do you think is more probable and why?

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich