$KNC has seen a 2.555% increase in the past 24 hours, currently trading around the upper Bollinger Band at 0.3799, which signals potential overextension. Given previous resistance at this level, traders should remain cautious. Support at 0.3591 offers a stop-loss opportunity to manage risk. With volatility potentially contracting, it may signify a period of consolidation. Recommended action: set alerts at 0.3799 for selling opportunities and watch for a retracement to support before considering any buys.
