KKO is starting to look interesting again.
After trending down consistently since December 2020, the June 2025 low printed what appears to be a low‑volume Spring. Price rallied cleanly into the range highs before supply stepped in, and we’ve since pulled back toward the Spring.
Ideally, this pullback would’ve shown declining volume and a quick rejection from the lows. Instead, volume has lifted — but importantly, we’re not seeing wide candle spreads or aggressive selling, which you would expect if this were true distribution. That keeps the re‑accumulation scenario alive.
There’s also a realistic chance of a terminal shakeout. For that to confirm, we’d need a sharp push down followed by a fast reclaim back into the range. This aligns with the current structure: price has been moving sideways between the yearly Pivot and S1, and the first test of S1 (Feb 2026) produced a clean rejection.
With the current S1 sitting just below the range lows and inside the May 2020 COVID wick FVG, the setup is ideal for a quick liquidity flush before markup.
Trade Scenarios
Aggressive Entry
Enter now since price hasn’t broken the Spring.
Stop‑loss: just below the Spring low.
If the terminal shakeout plays out, you can always re‑enter with better R.
Targets: clearly marked on the chart.
If this is true re‑accumulation, the minimum range target is ~$0.28 — but price has a lot of work to do. One step at a time.
Conservative Entry
Wait for the terminal shakeout and a monthly close back inside the range.
Stop‑loss: below the wick of the shakeout.
Risk Note
This is a speculative setup with multiple moving parts. Manage risk carefully — nothing is guaranteed.
After trending down consistently since December 2020, the June 2025 low printed what appears to be a low‑volume Spring. Price rallied cleanly into the range highs before supply stepped in, and we’ve since pulled back toward the Spring.
Ideally, this pullback would’ve shown declining volume and a quick rejection from the lows. Instead, volume has lifted — but importantly, we’re not seeing wide candle spreads or aggressive selling, which you would expect if this were true distribution. That keeps the re‑accumulation scenario alive.
There’s also a realistic chance of a terminal shakeout. For that to confirm, we’d need a sharp push down followed by a fast reclaim back into the range. This aligns with the current structure: price has been moving sideways between the yearly Pivot and S1, and the first test of S1 (Feb 2026) produced a clean rejection.
With the current S1 sitting just below the range lows and inside the May 2020 COVID wick FVG, the setup is ideal for a quick liquidity flush before markup.
Trade Scenarios
Aggressive Entry
Enter now since price hasn’t broken the Spring.
Stop‑loss: just below the Spring low.
If the terminal shakeout plays out, you can always re‑enter with better R.
Targets: clearly marked on the chart.
If this is true re‑accumulation, the minimum range target is ~$0.28 — but price has a lot of work to do. One step at a time.
Conservative Entry
Wait for the terminal shakeout and a monthly close back inside the range.
Stop‑loss: below the wick of the shakeout.
Risk Note
This is a speculative setup with multiple moving parts. Manage risk carefully — nothing is guaranteed.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.