KMD - Ongoing Study

18 may 2018

(Private idea made public, linked below) KMD -1.23% is a phenomenal platform/ecosystem that is currently functioning. Currently, on the one day chart, our indicators suggest a change in momentum. The Williams R show that it broke above the 13 EMA and found support on top soon after. OBV shows to be hugging closely, or stitching the 13 EMA , with its current trajectory going up through the 13 EMA . Once the OBV finds support atop the 13 EMA and the Williams R stay above it as well, we might expect some significant upward movement. The most recent RSI low has only been surpassed one time, in March 2017, before the start of a very impressive rally. Price action is working to push its way up through the 13 EMA and would potentially push the 13 and 30 EMA much closer together, which would allow for the strong likelihood of a bullish crossover that would coincide with the other indications mentioned. All things considered, Komodo looks very strong from a TA and FA perspective. I expect huge things for this one in the near future. Thanks you all for reading, I hope this has added value to your current perspectives!

Best regards,
T. Savant