$KSM
With buyers controlling 59% of the purchase order book and a clear shift in direction, stock $KSM may witness a clear breakout if the $13.25 level turns into a support level. Watch for the breakout - this rally has legs.
It ignites the upward spark and drives the stock towards the breakout zone...
The stock $KSM has notably rebounded from the support area at $12.54, and is now testing the resistance level at $13.25 with strong momentum on the four-hour timeframe. The bullish engulfing pattern and increasing trading volume indicate that the ascent is progressing confidently.
Long trading settings:
Entry zone: $13.20 - $13.30
Target 1: $13.85
Target 2: $14.60
Stop loss: $12.85
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