This stock continues to follow a familiar pattern—brief upward movement on news, typically reaching the 7.5 to 8.0 cent range, followed by a sell-off that drives the price back below 7 cents, allowing for re-accumulation.
This cycle seems to repeat consistently. Interestingly, many of the voices previously predicting a rise to 10 cents have now gone silent. It appears brokers are capitalizing on this volatility. From a strategic standpoint, allowing the stock to break above the 8 cent mark could potentially generate enough momentum to reach 10 cents.
Unfortunately, short-sighted selling behavior seems to be preventing any sustained upward movement.
"see the forest through the trees"
KNB Price at posting:
7.5¢ Sentiment: None Disclosure: Not Held
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