KOHC remains in a broader ascending channel, suggesting the long-term structure is still positive despite the recent correction. After a strong impulsive move, the stock formed a bearish flag and broke below it, leading to a pullback toward the channel's lower boundary. Price is now approaching a key support zone, where buyers may step in. A bullish reversal with strong volume from this area could provide the next buying opportunity, while a decisive break below the channel would weaken the current structure.