KRE
Price has come back into critical zone, trying to clear the resistance levels. Short term price momentum as indicated by red line is upwards. AS long as price above this line, stay long.
By joining various lows, I have formed the medium and long term support lines
Price has already created a support level near $48.87.
Important trading levels
R1 : $58.60
R2 : 65.77
S1 – 50.88
S2 : 45.16
S3 : 36.25
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Cheers
Comment:
Trendline being tested, await further candles to see how the momentum moves
