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$KC - Testing the lower range after that pullback
It looks like $KC is testing that 10.20-10.25 support zone again after yesterday's push back from the highs. We've seen a few attempts to break below it in the past, and it's held reasonably well. If it can't find some buying interest here and we see a sustained close below, say, 10.20, then my current constructive view would definitely be in question. Just keeping an eye on how it reacts to this level, as a bounce could offer a decent entry for a move back towards 10.50.
2 comments · 1 points
It's held, but often barely. Given the broader market sentiment, I'm not sure how much more pressure that 10.20 zone can withstand.