KGN - Has it found Support?

KGN had been plummeting hard but now it has shown some kind of support. Seems that Buyers have stepped in because of the recent bullish price action and price could move higher. At this time it is very hard to say that the Bearish Trend is over, but there could be a possibility for price to move up and provide a gain of 10% and move higher to the next resistance level. My trade plan is given below:

TP - $15.600
Stoploss - $11.80

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.