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Is KITT signaling a buying opportunity? Bullish Engulfing shows up after gaining 0.61%
On Thursday, September 18th, KITT moved up 0.61% while volume surged to 2.6× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 3.23, 3.16 & 3.05, with resistance at 3.41, 3.52 & 3.59. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of KITT: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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