KOD Technicals26 May 2021 10:45
Hi all,
Jumped in on KOD a few months ago and was up but still holding despite missing the peak at 0.35 a couple weeks ago. TA showed we were building a decent looking bullish flag with potential for a break out soon. Yesterday's events have obviously shot that out of the sky!
Now, from what I can analyse, we have what look like reasonable support levels at 0.19. Below that 0.17 looks OK but weak. Im setting a stop loss at 0.18 to split the difference and taking what gains are left, as I cant see a politically turbulent situation resolving itself any time soon and the SP only dropping further in the meantime.
https://www.tradingview.com/x/3MNJkKYi/