KTD chart, page-886

haha i think you need a little more clarification then i do, I only pointed out my concerns though it really doesn't impact my trading other then moving KTD from a potential mid term hold to short term only   

Care you share a chart? I read someone else say that KTD is still in a potential down trend, though I don't see it. 

Previous down trend was broken on the 5th, I personally thought it would drop again after hitting that upper bollinger band on the 7th, the spike in volume yesterday confirmed that it wasn't coming back down but rather moving up very fast (hence my decision to buy, I closed out my position prior to close anticipating a dip today) 

So far, it is a lower high then previous (anticipated)  but yet to make a lower low, so while there still is a possibility of a completely new down trend for the time being my position is it currently maintains its uptrend. 

0.51 is one support point (soft - two closes), breaks this then next is 0.47 (stronger 4 closes)