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KTB Fell Below 50 Day Moving Average on August 17
On Monday, August 17th, KTB moved down 3.69% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA and Fell Below 20 DMA — suggesting potential weakness ahead. Key support levels exist at 80.61, 79.46 & 77.65, with resistance at 83.57, 85.38 & 86.53.
Current SwingTradeBot Technical Rating of KTB: C
There’s more where that came from. See all of today’s signals for KTB here.
Read full article here »