Friday, August 20, 2010

KLBF - BREAKOUT CHANNEL GOING UP WAVE 5-V

NICE CHANNEL BREAKOUT WITH FULL GREEN CANDLE. KLBF HAS CHANCE TO MAKE NEW HIGH WAVE 5-V AS LONG AS PRICE DOES NOT CLOSE BELOW STOP LOSS 2275 AGAIN.

TARGETS MIN > 2550. NICE SELL TARGETS AREA 2700-2800.

ALTERNATIVE WAVE:
IF PRICE FAILS TO BREAK 2550 LATER, THIS COULD BE JUST A REBOUND WAVE B.

HAVE A NICE WEEKEND!
GBU ALL