KRR 0.00% 1.2¢ king river resources limited

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    Looking at very simple charting it looks very good.
    I am not a fan of bollinger bands, filling gaps and other charting methods, I like to keep it simple.

    So 02/02/18 and 12/02/18 we hit a double mini bottom of 3.7 cents and the stock then rallied to 7.3 cents.

    It then dropped and hit another mini double bottom of 5.5 cents on 01/03/18 and 06/03/18 and then rallied to 16.5 cents.

    It then dropped again and found a support base around 7.5 cents before again rallying to 12 cents.

    It then hit a double top at 12 cents on 11/07/18 and 26/07/18 before dropping to a low of 4.4 cents.

    We have now just hit another double bottom of 4.4 cents on 11/09/18 and 11/10/18.

    So my point is if you believe in double tops and double bottoms in theory the share price should now rally back to 9.6 cents or even retest the 12 cents.

    With the charts and fundamentals looking good plus the upcoming presentations around Australia and a constant stream of hopefully positive news coming up it is all looking very positive.
 
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KRR (ASX) Chart
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