Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.
KRAS, Weekly Chart potential hidden bullish divergence with RSI, this indicates for continuing the bull trend. This chart is interesting to trade because it's still in demand area (sideways in green zone), weekly chart indicating hidden bullish divergence, and most likely reversal will happen as chart doesn't make lower low and maintained by short term trendline....
looking pretty
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
I'm not good with english so bear with me here. I use elliot wave and divergence to make this analysis. It's pretty straightforward if you look at the chart. All the lineups seems perfect and we only need to wait for confirmation from the candlesticks. Happy trading!
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
