What's your time-frame for that wedge? The charts I looked at over the weekend for KKD seemed to allow for a continued drop to fill the gap. An a-b-c off the May 2002 high hits $32.30, which is a gap fill.
Here's a 60-minute bear flag on KKD that looks like it is targeting $34.80:
stockcharts.com[h,a]eaclynay[pc9!c13!c20!d20,2!h.02,.20!c50!c100!c200!c150!b200!c125!c175!f][iLa4,9,5!Lh5,5!Li10,10!Lp14,3,3!Ll4!Lo14!Lb14!Le5,10,1!Lh89,34!Lh45,17!Li180,68!Lp3,2,2!Lb5]&pref=G
Here's the daily KKD with the wedge lines drawn:
stockcharts.com[h,a]daclynay[pc9!c13!c20!d20,2!h.02,.20!c50!c100!c200!c150!b200!c125!c175!f][ila4,9,5!lh5,5!li10,10!lp14,3,3!ll4!lo14!lb14!le5,10,1!lh89,34!lh45,17!li180,68!lp3,2,2][J24046650,Y]&listNum=1
Sorry, I don't have enough time right now to put the additional 20 indicators you like on the chart. <G>
Looking at the daily again, doesn't it look more like the ED you're tracking might actually be in a 2 of iii of 5 down off the 9th of January? |
