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RE: Knight Swift Transportation Holdings (KNX) Analysis

in #haejin6 years ago

Thank u for the great chart analysis.
What do you think about this? I used 150ma as a support for the Fib extension... Any advise?
knx2.jpg

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It's a montly chart so I would use 200 EMA (exponential) and put the chart on a semi-log chart.

The bottoms of the recent price bars have been putting in higher lows; so a likely triangle pattern is forming. I think price could jabe one more lower low to resolve the triangle.

Thank you so much for your kind advice!!
Have a great day.

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