KRNT has broken down out of an up channel in white.
Another channel can be drawn in red which will be the dominant channel for this analysis.
It shows a rejection along the bottom of the white channel as price attempts to climb back in.
I have tried to plot a cup and handle with the bars pattern tool.
Another channel can be drawn in red which will be the dominant channel for this analysis.
It shows a rejection along the bottom of the white channel as price attempts to climb back in.
I have tried to plot a cup and handle with the bars pattern tool.