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AlistairBruce
Aug 14, 2017 3:40 PM

KOD Crunch Time - Good Potential Upside Long

KODAL MINERALS PLC ORD GBP0.0003125LSE

Description

Good narrow price range with symmetrical pattern strangulation may stimulate some moves to the upside.
Typically the price action pattern is not a reversal pattern so positive projections need to be concidered.
Look for strong pushes to the upside breaking 0.35 followed by test of the next logical high at 0.50 area.
There may be some shallow price challenges below the 0.50 level before breaking higher, nice upside potential after that at 0.80.
Happy Hunting.
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