Kingsoft Cloud Holdings Limited
Long

KC weekly breakout - bullish reversal in motion

20
KC (Kingsoft Cloud Holdings) is showing a strong bullish reversal pattern on the weekly chart, breaking above the 20-week moving average for the first time in months with notable volume surge (16.13M). The breakout candle closed near the high of the week with a wide body, suggesting strength behind the move.

The MACD is beginning to curl upward from the oversold region, which could indicate a potential trend reversal forming.

🔹 Entry: $14.67
🔹 Target 1: $17.10 (previous resistance / upper Bollinger Band)
🔹 Target 2: $19.50 (gap-fill potential zone)
🔹 Stop Loss: $12.97 (below breakout candle low)

📌 Watch for follow-through next week. If KC maintains volume and holds above $13.50, the bullish setup remains valid.

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