Potential outside week and bullish potential for KNB

14 сент.

Entry conditions:
(i) higher share price for KNB above the level of the potential outside week noted on 12th September (i.e.: above the level of $0.052).

Stop loss for the trade would be:
(i) below the low of the outside week on 8th September (i.e.: below $0.039), should the trade activate.

20 сент.

Сделка активна

UPDATE (week ending 19-Sep): Although not technically activated in accordance with the entry conditions for the 'outside trade' listed above, aggressive traders astute to volume rises and order flow changes in the market depth would've noticed a change in momentum that occurred just before midday on Wednesday of this trading week. Stop loss for the trade remains as listed above.

27 сент.

Заметка

UPDATE (week ending 26-Sep): For anyone within the trade (noting that the trade didn't truly activate according to entry conditions, as noted above), price action was fairly lacklustre this week - consider giving this one more week to observe price action with a tight stop, observing market reaction around the $0.043 area (based upon the open from the 28th August).

5 окт.

Заметка

UPDATE (week ending 03-Oct): Some promising price movement occurred on Thursday of this week, but the question remains as to whether this is sustainable with any buying conviction. Volume currently remains lacklustre with no major change noted in the indicators such as DMI/ADX and RSI at present. Certainly a 'watch and see' process at the present time. Share price closed between the 10 and 30 day MA's at the end of the trading week.

11 окт.

Сделка закрыта вручную

UPDATE (week ending 10-Oct): Lack of buying conviction was the main observation throughout the week, even though things did look promising at one stage early in the week. This faded though, especially after the 'shooting star' candle formed on the Tuesday and the share price resumed the lacklustre trading situation. Charts suggest utilising capital elsewhere. Coverage ceased.