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RamziAbouAbdallah-CMT

KALV Stock -12/9/2022-

Long
KalVista Pharmaceuticals, Inc. (NASDAQ:KALV)  
RamziAbouAbdallah-CMT  
NASDAQ:KALV   KalVista Pharmaceuticals, Inc.
Support and Resistance Trend Lines Parallel Channel Stocks Technical Analysis profit signals usstocks stockmarkets dowjones nasdaq S&P 500 (SPX500)
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supportandresistance trendline parallelchannel stocks technicalanalysis profit signals usstocks stockmarkets dowjones nasdaq spx500
• Trend is technically bullish, prices contained in an ascending channel
• Bulls need to clear first resistance at 17 before prices can resume the rally
• Second stiff resistance is at 20
• As highlighted on the chart, 20 level was acting as a resistance in late 2020 and turned into support in 2021 after being breached
• 20 figure needs to be cleared successfully before we can see significant rally
Ramzi Abou Abdallah, CFTe, CMT

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