KIO Within Timing Band for a Medium Term Low

The price for KIO hit a target of 2 intersecting trendlines providing a springboard for price to move upwards. Will be looking to go long observing the following factors:

1. Price closing above the blue trendline
2. A short-term back-test is a good entry for more risk acceptance
3. Profit target of at least 30%

Trade closed: target reached