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Watching $KWEB for a bounce or breakdown
I'm looking at $KWEB and it seems to be holding around the 28.50-28.70 area for now, which has been a minor support zone recently. If it breaks convincingly below 28.50, I'd expect more downside, but a sustained push above 28.80 could indicate a potential move towards 29.50. Just my thoughts, definitely could be wrong.
2 comments · 3 points
That's a pretty clear range you've set out there. Do you have any specific catalysts you're watching that might push it one way or the other, or is it more of a pure technical play for you right now?