BKD still consolidating, some bullish sentiment felt

BKD has been consolidating for few weeks now. As it consolidates, the threat of it going down due to Kijun Sen‘s movement has been there but so far BKD didn’t allow it to happen. The recently concluded week is showing some bull force as bulls tried to break from the consolidation. Will they be successful? If price will continue to consolidate for a couple of weeks, this Kijun Sen line on weekly chart will bend upward which will take out the power of this line to attract the price.

As long as all Ichimoku elements still in green there is a chance BKD will spike, just be patient. Test buy around 1.8x – 1.9x would be good.


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