Elpidaldo

KRN: BULL FLAG BREAK OUT

Long
Elpidaldo Updated   
TSX:KRN   KARNALYTE RESOURCES INC
KRN (Karnalyte Resources)
Agriculture and fertilisers are hot industries now.

The chart is really overbought but I like this bull flag and will be looking for a break out of the flag for a short term trade.
If the pattern is confirmed, 1st target is 1.36, 2nd target is 2.17/2.34
Initial stop loss at 0.93, then raise it accordingly.

Trade safe!
Trade active:
up 20%!
Could retest the breakout point

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