Komodo (KMD), 1400%

On the above weekly chart price action has corrected 95%. A number of reasons now exist to be bullish, including: 1) Price action and RSI resistance breakouts. 2) Price action confirms support on past resistance. 3) Trend reversal. 4) The target forecast is for a 1400% move to the $4.70 area as measured from the falling wedge. Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk: <= 6% Timeframe for long position: This month Return: 1400%