KTTA looks poised to make a small to medium run short term.
BUT! THIS IS A PENNY STOCK, THEY DO NOT ALWAYS HOLD TRUE TO TECHNICALS! BEWARE! HAVE A PLAN! Plus, current volatile market conditions can cause investors to pull out of these "potential growth" companies.
NOTE - If target #2 hits, it could be a hold rather than a sell for a possible hard bull move north.
WHY DO YOU BELIEVE THIS? I - Leading indicators a. Stochastic is bullish with a nice move north on the daily chart b. RSI is a strength and directional indicator, suggesting the continuous bull move c. Volume has steadily and dramatically increased, also suggesting expectations to be bullish d. Candlestick patterns definitely show positive movement and a move bullish e. Bollinger bands (shaded green area) beginning to squeeze, just like pinching a hose off, then a huge pop
II - Thesis a. ARROWS ($1.40) indicate prior support, now resistance. Today's (11feb2022) candle so far has crossed crucial 8ema (yellow line) and looks to move toward 34 ema (magenta line).
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.