KALV Stock -12/9/2022-

• Trend is technically bullish, prices contained in an ascending channel
• Bulls need to clear first resistance at 17 before prices can resume the rally
• Second stiff resistance is at 20
• As highlighted on the chart, 20 level was acting as a resistance in late 2020 and turned into support in 2021 after being breached
• 20 figure needs to be cleared successfully before we can see significant rally