KRR 0.00% 0.9¢ king river resources limited

Ann: Mt Remarkable Gold Exploration Update, page-58

  1. 1,116 Posts.
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    @Money made my thoughts are still pretty much the same as previously. STOCH fast & slow are running parallel, MACD need to come up and cross, RSI 22 oversold.
    Yesterday finished with what I call a DOJI a signal showing indecision about the direction of the market and it represents a tug of war between buyers and sellers.

    It simply shows that prices have moved above and below the opening price during the day, but then the session closed either exactly at or very near the opening price.
    The overall result is a standoff. It shows that neither the bulls nor the bears were able to gain control during the day and it is possible that a turning point could develop soon.

    Personally I think the SP will gain momentum now until the scoping study is released as traders want to buy in now while the SP is at such low prices and ride it until the release.

    KRC 11-09-2018.jpg

    My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
    Conduct your own due diligence, consult a licensed financial advisor or broker before making any and all investment decisions. As usual all constructive criticism welcomed.Good luck to all that hold.
    Last edited by AussieBryan: 12/09/18
 
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