KPOWER - bull flag pattern, waiting for retracement

In H1, we observed a bull flag pattern entering area of value 38.2%-61.8%. We expect a retracement would happen around this area and continue upside towards 3.05 or further.

RSI, MACD, Stochastic still didn’t show any sign of tracement yet.

This would be invalidated if price break support 2.47 (-8.5%) which indicates a stronger pullback.

Speed: Fast with 124M shares float (27.5% float of 452M shares),
Sentimen: Biden’s #Inauguration2021

TAYOR