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Elpidaldo
Mar 23, 2022 7:45 PM

KRN: BULL FLAG BREAK OUT  Long

KARNALYTE RESOURCES INCTSX

Description

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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