Based purely on how the chart looks for kulr, the stock looks to be forming a base. Volume has been double in February compared to January which is bullish. Kulr has had a day where buying pressure pushed the candlestick wick up to $1.6! But closed down below $1.3. This tells me buyers want to come in but are outnumbered at the time being by sellers/ shorts. I continue to see support at the $1.15 - $1.2 range and until it breaks below that level I remain bullish on Kulr. Strictly based on technical analysis and not including all the progress the company continues to make.
- Not investment advice. Entertainment purposes only.
- Not investment advice. Entertainment purposes only.