KBM_

KOG weak resistance

Largo
KBM_ Actualizado   
OSL:KOG   KONGSBERG GRUPPEN ASA
A lot of buyers seems to be interested in this key level. KOG have been returning to this resistance multiple times after breaking the structure downwards. Which means that there is more shorts stepping into the market but the buyers hold the demand in the market. When buying pressure have this control while the shorts cant push the price down, indicate that this resistance is getting weaker and is about to break.
Comentarios:
The idea has played out.

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