Punters still waiting for drill results? . From a weekly perspective, KNB had a small drop from 3 to 2.9. Nothing much to read there. Volume very big on drop to 2.6, so many feeling jittery like me. . So what is happening? The play has shifted from over 3 to under 3. Not big, but showing the state of affairs. The drop on big volume to 2.6 may be an indicator, but we can't be sure, for now. . Personally, last week I wrote was in risk management. Had sold half at slight gain. This week I sold the rest. Overall I ended up with slight gain. I had high hopes. But as I have written many times, I am not very strong in fundamentals, price action, trading patterns is what I follow most. Based on that I took the call in last 2 weeks. I thought will get out when still slightly ahead. Was tempted when it was dropping this week, but held it for now. . So what may happen next week? I think we have reached a stage where results may do the talking. I had high hopes, but price action did not support my play. There is still nothing wrong, yet. One good announcement, and it could rocket. I wish for holders, it plays out that way. I will be watching and will get in at the first signs of confirmation. All the best.
KNB Price at posting:
2.9¢ Sentiment: Hold Disclosure: Not Held
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