KMD Narrowly Escapes Short-Bear
KMD recently had a TK cross that created a bullish opportunity leading up to the right circle.
The right circle indicated a "K over T" Cross that DIDN'T happen, therefore, no bearish moments for at least a few hours. The volume indicator shows a large uptick recently.
We'll see where it goes from here, I'm suspecting down since the RSI indicates that its at its upper threshold (double topped).
The right circle indicated a "K over T" Cross that DIDN'T happen, therefore, no bearish moments for at least a few hours. The volume indicator shows a large uptick recently.
We'll see where it goes from here, I'm suspecting down since the RSI indicates that its at its upper threshold (double topped).
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