KAZ - time to short?

At the upper limits of the channel, been overbought on the RSI for a while but price no longer making new highs. Thoughts?

I actually have it a new high. Also technical resistance is exactly here (268-276 is my view). If it were to break that resistance, it might fly higher. Might be wise to wait for more evidence that the move up is tired. Daily and 4h trends look quite strong at the current time.

Kaz Daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...F5YTfxttHmUB7+AtbR0=

you could well be right Austin, that trendline you have may hold, given that the rsi is well overcooked at 80/100.
I just don't think it's worth trading against the trend here, especially given the poor r/r basis and target for any shorts.

with all three moving ave's pointing up, and even the trend channel has been busted higher, the right trade is long imvho.

look for a p/b to the 20 day ema as a buying opp, with the broadening triangle giving a best case target for the upside at 400p+

as always imvho, dyor, wdik and atb,
Trendfriend

Managed to sell at the bell on Thursday, glad I did. However, disappointed I didn't notice this (IMO) near perfect shooting star; would have been nice to have been short going into Friday - hope someone managed to make something of it!

This to me still looks to be in buy the dips mode......

Any p/b's to the (or close to) the 50 day ema line is a buying opportunity imvho. with a stop below the pivot at 432p.

That was a big move down Friday, but it bounced back, until we get a lower low, the uptrend is intact imho.
shorting is against the trend and high risk.....safer look for big to go long....but wdik....

atb, wdik, dyor,
trendfriend

I wasn't suggesting a full on reversal, just an opportunity - worked out nicely first thing this morning for 40 points. I'd still look to buy a decent pull back but I do think this is potentially worrying: