KNC Poised for Breakout

1 oct 2022

Trading above 20-period MA (4h) in a tight range after the sell-off.
RSI looks healthy again on the 4h, but daily still has plenty of room for growth.
This could pop at any moment.

2 oct 2022

Nota

Things could be taking a slide for the worse here..wait to see how it plays out.

2 oct 2022

Nota

Weekly
Let's zoom out a little bit to the weekly.
We've got a lot of historical support at this range over the past 2 years.


Daily
Not really any discernible edge on the RSI & MACD for divergence.
RSI has been hanging out in oversold, nearly oversold since the recent dump.
Hopefully some higher lows develop over the next week.

4 oct 2022

Nota

*10/4/22 Update*
We're back in the game on the 4h.