Kona Gold Beverage Inc (KGKG)

[Fallingknife75]

As a follow up to my previous chart showing the tightening Bollinger Bands I though it would be nice to show a different chart setup which is also very positive.

Using a longer term (2 years) chart and weekly Candlesticks shows a beautiful Symmetrical Triangle over the last few months; it could also be seen as a Pennant formation. Either way you look at it they are both continuation patterns coming off a lower base which is bullish.

http://schrts.co/gzL13S

Symmetrical Triangle; http://stockcharts.com/school/doku.php?st=symmetrical+triangle&id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation

Pennant formation; http://stockcharts.com/school/doku.php?st=pennant&id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation

Buy-Hold-Retire before your old,

Knife