Sublime_Trading
Long

Keywords Studios May Be On The Brink Of A Breakout

LSE:KWS   KEYWORDS STUDIOS PLC ORD 1P
Keywords Studios has been going sideways since late last year and when we see
a period of consolidation that lasts for several months, we do not want to enter on the first breakout.
As you can see, the first breakout of consolidation in early March saw price return back into the consolidation zone.
This is classed as a fake breakout. What we want to do as smart traders is patiently wait for a second breakout.
The second breakout helps to confirm the buyers are in control and the probability of price continuing higher are put in out favour.

Price has now broken out of consolidation for the second time so we now need to wait for a breakout of the previous high.
The upwards momentum is looking strong and we may see a breakout soon.

One thing to note is that we have the £20.00 round number not far above price so it will also be worth waiting for price to clear this level.

This is on my watchlist and will be ready to trade at the right time.

Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!

Sublime Trading
Free Goodies!

Learn more about our trading techniques: http://bit.ly/4-Part-Training

Register for our newsletter: http://bit.ly/Stocks-Newsletter

Are you using the right broker? Read here: http://bit.ly/Broker-Guide

Blog: http://bit.ly/Sublime-Blog
thanks for the insight. Watching this one closely.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out