EnsorD It is a new (tongue in cheek) Technical Analysis tool...

EnsorD

It is a new (tongue in cheek) Technical Analysis tool named after/by one of our regular posters here on the KIN forum. It has yet to be applied to any of the TA websites as we KINdred posters are the only ones who know how to it works , hence not on Google yet as we are probably ahead of the game as we are with KIN.

In simple terms it goes something like this :

Share Price action is inversely proportional to positive "share price sensitive" announcements.

Historically (at least recently) , KIN sp has gone in the opposite direction in equal proportiona to the sentiment of the announcement i.e., Good News = Share Price goes down ?

Applying the same rule we therefore assume the inverse applies .
So theroretically , within 24 hours of the CR announcement (Monday) we should see a good bounce in the share price north.

We are yet to experience this side of the equation but as it removes doubt , it may well apply ?

It is all in good fun ED , so I hope "Mansell's Law" applies. If you read posts over the past few weeks by Mansell.. you will get the idea.
Hope this explains it.
Cheers