KRN: BULL FLAG BREAK OUT
Updated
KRN (Karnalyte Resources)
Agriculture and fertilisers are hot industries now.
The chart is really overbought but I like this bull flag and will be looking for a break out of the flag for a short term trade.
If the pattern is confirmed, 1st target is 1.36, 2nd target is 2.17/2.34
Initial stop loss at 0.93, then raise it accordingly.
Trade safe!
Agriculture and fertilisers are hot industries now.
The chart is really overbought but I like this bull flag and will be looking for a break out of the flag for a short term trade.
If the pattern is confirmed, 1st target is 1.36, 2nd target is 2.17/2.34
Initial stop loss at 0.93, then raise it accordingly.
Trade safe!
Trade active
up 20%!Could retest the breakout point
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.