KML – Channel Support Bounce With Upside Continuation Setup

KML – Channel Support Bounce With Upside Continuation Setup

KML has successfully bounced from the lower boundary of its rising channel, confirming trend support and maintaining the broader upward structure. The price is now stabilizing above the channel base, keeping momentum tilted toward the upper boundary. As long as KML holds this support zone, the next upside swing targets the mid-to-upper channel region near 19–20, representing a potential +26% move, while downside risk remains limited to approximately –9% toward the channel floor.



Disclaimer: This analysis is for educational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any security.