KAI after reaching top and creating bearish divergence went into deep correction all the way to fibb 0.886 level. Now at the bottom we have similar setup just in opposite direction (oversold, bullish divergence) and pattern similar to AIOZ before it pumped up. I am expecting bounce up, once we break local diagonal resistance line the move will speed up toward target which is....fibb 0.886 level.
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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.