Ceylon Graphite Corp forms bullish "Short-term KST" chart Dec 29, 2021
Trading Central has detected a "Short-term KST" chart pattern formed on Ceylon Graphite Corp (CYL:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.20.
The KST, "Know Sure Thing", is an oscillator that combines multiple time frames into a single measure of momentum for a financial instrument. It can be interpreted in the same way as other smoothed oscillators but most commonly indicates bullish and bearish momentum signals as it crosses above and below its moving average respectively.
This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.