KOHC is Bullish

21 Tem

Price is in a strong uptrend, consistently printing higher highs and higher lows. Since there is no divergence yet on the daily time frame, hence more upside movement is expected as per Dow theory. Currently, the price is trying to define a higher low, which could potentially be at 0.382 of the fib retracement level and is also a support in form of higher low. Further, targets are mentioned on the chart.