KDP is showing an interesting cup and handle with a potential measured move of 5 points. A break below support invalidates the pattern. Today's action is less comforting, so tight stops are needed for short-term plays.
Note
Nice move off support today. More volume would be nice to confirm the break.Note
Note
Horrific action today. Closing this out. Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.