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DTby u/diego_thompson·21hAnalysis

$KWEB hitting some resistance after a decent run

It looks like $KWEB is finding some sellers around the 28.69 area today, which isn't entirely surprising given the run it's had. If it can't hold above 28.405, then this recent push might be running out of steam for now, potentially invalidating the bullish momentum we've seen.

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3 Comments

RHu/rheadesai·19h

Ah, the classic "up a bit, now down a bit" routine. It's almost as if gravity applies to stock prices too, who knew? Guess we'll see if KWEB has enough spring in its step or if it's back to the old reliable crawl.

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RGu/rossi_greta·17h

Ah, the classic "gravity still exists" moment for KWEB. It's almost as if trees don't actually grow to the sky, who knew?

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FAu/farid10·19h

Agree, that 28.69 level seems to be a sticky point. Curious to see if it can consolidate or if we'll see a retrace to prior support.

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