This has the look of a possible channel play, IMO. Notice the cycles. It's not the prettiest one in the world (take a looks at NCNC or GBN for some nicer looking ones), but it is setting higher highs and higher lows as the indicators cycle. It hasn't had the greatest days on the last 2, but just another that I will try to keep an eye on. It may seem that I watch a lot of stocks. That's because I do. lol. Without question my favorites are bottom plays, but I don't try and limit myself to just them. I follow and play stocks from subs to big boards in all sorts of patterns. Virtually always based on t/a. By following a lot of them, I believe it helps me eliminate a bit of the risk by seeing patterns. ANY edge no matter how slight, I will take.
http://stockcharts.com/h-sc/ui?s=KNO...5471&listNum=1
knos
Linear Mode
