Kitex daily - Highest daily close in 4 weeks and has also closed above 20 DMA.
Weekly timeframe shows that the next resistance is somewhere near 150-160 levels
A quick, large retracement looks possible. Am Ambivalent on the company’s financials, fundamentals and corp governance. Doesn’t mean a good setup should be missed. I see the sentiment turning post AGM which augurs well.
Disc: Trading position from last week.