SMURFIT KAPPA BULISH TREND TO COME ?We can see on the chart that there is a reverse hammer, but we still need a confirmation too see if it is going to be an uptrend or a downtrend
Kappa
420 Kappa420 was resistance about 12 years ago. That's over 4200 daily candles ago. JK.
But we can try trade this. If we are able to pick some up a bit lower and 420 still holds we should be good to test the level it broke down from. There are many levels in-between, but I think the 800 area is destination.
It takes a while to identify which levels are important, I am still learning as well and charting here is great for that. I'm looking for reversal behavior off major levels.
#meme
