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.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.