KTB : On target to test 17 again
March 3, 2011 Leave a comment
KTB’s day chart is still mildly bullish, and will remain so as long as it holds above 16.10. However it would do itself a favour if a daily close, and better still a weekly close above 17 is forthcoming.
Currently at 16.60, the stock has resistance at 1670, and if it closes well today, then 17 or so is certainly in sight for Friday.