Thoughts on $KC and Q4 Liquidity
Considering the current $KC price at 9.54 and the recent move, I'd put the odds at about 60% that we see it test the 9.20 area by month-end, especially if general market liquidity tightens further into Q4. There's just not enough conviction to hold above that prior support level given the broader macro backdrop.
That's a pretty strong call on KC testing 9.20. Are you seeing specific volume patterns or just basing it on the general macro outlook for Q4 liquidity tightening? Curious about your conviction there.