KRR 11.1% 1.0¢ king river resources limited

KRC chart, page-2565

  1. 151 Posts.
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    Some of my thoughts
    Last 3 sessions have been progressively down, should come as no surprise on the back of a 68% rise (0.41 to 0.69), I was expecting profit taking on the back of the recent lows as per my previous post(s).
    Better to do it now than on the back of a good ann.
    The inverted hammer can signal a trend reversal but I don't know if that will be the case. The chart is telling me that things appear to be cooling with most indicators dropping off and I am expecting that to be the case up to the fluorite ann which only has a couple of days to make it this month as previously projected by management.

    Last edited by rgvlee: 27/09/18
 
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