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Hit lowest trend support & bounced on Friday morning.
US markets continued to recover after London close.
Price 7 days ago £20 per share. Yours today for a smudge under £15
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 ...
Keywords Studios LSE:KWS was recently in a long period of consolidation
where we saw price going sideways. During times like these, we do not want to enter trades and we must
wait until we have a clear trend direction.
Now price has broken out of the consolidation zone resistance. Taking the first breakout is not the best option
to take because it can easily turn ...