$KORU After lifting the deep V from 10.55, the kinetic energy hasn’t stopped; clearly the bulls are controlling the pace.
$KORU - Go Long
Trading Plan:
Entry: 23.20 - 23.80
Stop Loss (SL): 21.00
Target 1 (TP1): 25.20
Target 2 (TP2): 28.00
Target 3 (TP3): 30.50
Why go long?
After the price found a low at 10.55, it rose on continuous heavy volume. It has already held above MA7 and MA25, which indicates that the short-term moving averages are forming a base. The moving averages are also turning upward, providing support. Around 21.00 is a recent high-concentration zone of positions; as long as the support line isn’t broken by a volume surge, the rebound structure after this bottom confirmation is likely to test today’s high at 25.35, and possibly even further into the resistance area. As a 3x leveraged ETF, the volatility is inherently high, so the stop-loss room must be tightly controlled.
Click here to trade 👇$KORUB
$KORU - Go Long
Trading Plan:
Entry: 23.20 - 23.80
Stop Loss (SL): 21.00
Target 1 (TP1): 25.20
Target 2 (TP2): 28.00
Target 3 (TP3): 30.50
Why go long?
After the price found a low at 10.55, it rose on continuous heavy volume. It has already held above MA7 and MA25, which indicates that the short-term moving averages are forming a base. The moving averages are also turning upward, providing support. Around 21.00 is a recent high-concentration zone of positions; as long as the support line isn’t broken by a volume surge, the rebound structure after this bottom confirmation is likely to test today’s high at 25.35, and possibly even further into the resistance area. As a 3x leveraged ETF, the volatility is inherently high, so the stop-loss room must be tightly controlled.
Click here to trade 👇$KORUB