Previously I posted about KAS being in a Wyckoff accumulation. I now think we have our boundaries of the accumulation at the next stage which is re-accumulation. Boundary is between 0.115 and 0.1465 and we should bounce around here until the next breakout.
Date range is also added, but I don't think the range from the first accumulation to the next will be as long due to where we are in the cycle, first range was 133 days, I think this re-accumulation range will be much shorter.
As you can see if you look at the KAS chart, it's not bounced hard as it previously did, which for me means it's being re-accumulated.
I've added the wyckoff chart of the accumulation scenario. Next area of interest is 0.41 roughly if the measured moves are the same.
Date range is also added, but I don't think the range from the first accumulation to the next will be as long due to where we are in the cycle, first range was 133 days, I think this re-accumulation range will be much shorter.
As you can see if you look at the KAS chart, it's not bounced hard as it previously did, which for me means it's being re-accumulated.
I've added the wyckoff chart of the accumulation scenario. Next area of interest is 0.41 roughly if the measured moves are the same.