KSM - breakout?After some parabolic movement, KSM has retraced to the 0.382 long term fib, and then started another upward movement. On Jan 27, it has broken out from a descending resistance line (at the breakout point, there also seems to be a horizontal mid-term and short term fib as support as well as the daily kijun) and retested it. Now it was rejected at another horizontal resistance, which coincides with a mid term and a short term fib. It fell back to a weak support at the 0.5 short term fib. There is some bullish divergence on the RSI for the daily and 1h timeframes. The MACD has made a bullish cross on the 4h, but it is currently negative on the daily (although both lines are well above 0, which indicates a longer term bullish trend).