KEG Breakout Watch

Going back to November, the resistance that keeps rejecting the candles is the daily EMA20, shown in the neon green line on the chart. KEG has broken the daily EMA20 once again but has not established support. Keep a close eye on the price action this afternoon to see if it breaks down again or sustains the uptrend. I'm considering a stop buy order at 2.15 for today; if that doesn't fill, I'll be checking back to see if KEG closes above the daily EMA20 and to evaluate the volume and price action during power hour. If we can turn this resistance into support, I think we quickly run to 2.50 and test 3.00 again shortly thereafter.