KRDMD shares may fall hard if it brakes the supportNow the price is going in a triangle with downtrend. Downtrend started on 20/6 and still working, support line is on 2,23. It has been tested 4-5 times but couldn't break the support. When we look at the indicators;
1- RSI broke the support on 3rd try. It may continue to 30's,
2- Parabolic SAR started to show that price will continue to go down,
3- Moving Average is almost breaking the Bollinger baseline,
4- Bollinger bands narrowed down and ready for a steep move
In conclusion we have to check the price to break the support line on 2,23. If it will be broken, next support will be 2,17 than 2,10
