Long KSBPBreak out:
* EMA 200 Monthly and Weekly chart
* Daily cup and handle
RSI: positive
MACD: positive
Targets:
TP 1: 185
Tp 2: 201
Support:
S1: 154 closing
S2: 142: closing
KSBP trade ideas
KSBP is BULLISH on LONGTERMKSBP is BULLISH on LONGTERM:
KSBP should retrace back to buying zone and then ride for a long term upward movement towards 200+ in coming year.
If it does not retrace towards buying better to leave it on the ride, all alone.
Very Good VolumesVery Good Volumes in last couple of days.
Ascending Triangle formation;
Initial Resistance is around 148; important to
sustain level once it crosses.
a Very Strong Support can be around 130 - 134
& then around 115 - 120
