BogdanL84

Long based on bounce off RSI

Long
NYSE:KT   KT Corporation
Trade Idea - not actually entering myself right now. This might be a good place to enter long. I believe it has just bounced off support as shown by the RSI. Has a good bit of upside left to go. If you enter here at $13.33 I would set my stop loss no lower than $12.95. I believe if a bullish trend develops we could see a test of the $16, then $18 thereafter.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.