#KWEB Looks like a mini IHS is forming inside the right shoulder of an bigger IHS. If IHS materialized, meaning if the price can break above the neckline at $32.00, we can see further upside to $35.60. On the other hand breaking below 200 DMA could drop it to $26.55.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.