KRR 0.00% 0.9¢ king river resources limited

The weekly shows the clearest picture IMO. As you can see we are...

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  1. 3,109 Posts.
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    The weekly shows the clearest picture IMO. As you can see we are at resistance around the 1.5 Mark. If we can clear that next resistance level is 2.7. In the 2.7-3.7 there is a fair bit of volume and resistance to overcome. However once that is behind us is it pretty clear up to 14c.

    As you could see today a fair bit of selling pressure from stale and stuck holders -the massive volume the last 2 days has helps to flush a lot of that out.

    However FA always trumps TA imo. So news will drive this and in the absence of news TA will come into play.


    Screenshot 2017-11-14 14.30.27.png
    Last edited by Infidel75: 14/11/17
 
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