KLA - Waiting for a Retracement
KLA has clearly bounced off strongly off the strong support and has moved higher confirming the change in trend. it seems that it is facing some resistance and may give a retracement lower for a buying opportunity. I expect it to retrace in my buy zone between $47.50 - $50.00, where I shall buy after bullish price action. My target would be the resistance zone around $63.75 and a stoploss below the last swing low at $40.50.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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