Here we have another Wolfe wave (been a few cropping up lately) with a price projection of 377, a 15% increase from current levels. Personally I will be looking for an entry @ 225 with stops below recent low, alternatively waiting for a break with a close from falling wedge would be another point of entry.
descending channel
50,200 average are bearish
hoping for a lower low lower close candle today.
ride the trend down and move stop accordingly
rsi below 50
KGF
