Trading Above MA20, Broke Resistance 0.5
KSSC has been trading above its upward sloping 20-Day Moving Average which is a good sign.
In addition, the price just broke the resistance of 0.5 reinforcing the bullishness in the recent price movement.
This breakout was accompanied by a higher than average volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of successful breakout.
Resistance : 0.810
Support 1 : 0.355
Support 2 : 0.34
Resistance Breakout :
28 Jul : 0.384
2 Jul : 0.375
29 Jun : 0.415
17 Jun : 0.405
In addition, the price just broke the resistance of 0.5 reinforcing the bullishness in the recent price movement.
This breakout was accompanied by a higher than average volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of successful breakout.
Resistance : 0.810
Support 1 : 0.355
Support 2 : 0.34
Resistance Breakout :
28 Jul : 0.384
2 Jul : 0.375
29 Jun : 0.415
17 Jun : 0.405
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