Jul. 15 at 9:40 PM
$KYTX Chart update: We tagged resistance at
$4.44 (R-1) before pulling back and closing right at S-1 support (
$3.82). After the strong multi-day run from the
$2.50 zone, this kind of retracement is normal... even healthy.
If we see further downside, I’m watching
$3.25 (S-2), which lines up well with the reclaimed trendline that should now serve as support.
Still viewing this as digestion, not distribution. Setup’s intact, IMO. Stay tuned.