Positive fundamental and technical backdrop
KL Has been bucking the trend of the general market
Going up in good volume in a down-trending market
Currently looking positive on all time frames
Has broken out of recent historical high just below 24
Following the visible rebound in Gold
Buy the breakout
It's looking a little extended here, however:
Still time to buy in half/quarter position
Stop-loss 23.75/22/18
Target 30
RR 2.08
KL Has been bucking the trend of the general market
Going up in good volume in a down-trending market
Currently looking positive on all time frames
Has broken out of recent historical high just below 24
Following the visible rebound in Gold
Buy the breakout
It's looking a little extended here, however:
Still time to buy in half/quarter position
Stop-loss 23.75/22/18
Target 30
RR 2.08