KPO 0.00% 0.3¢ kalina power limited

Bit of an ascending triangle pattern forming on the daily and...

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    Bit of an ascending triangle pattern forming on the daily and weekly chart which is often a bullish sign. A break out above 0.062 with decent volume would see little resistance to 7c (probably where KPO want the SP before options conversion).

    One would imagine that the major options holders will want a decent return on their investment. Could result in a very bullish 2nd half of 2017. Not much downside at 5c IMO.

    Still a lot to look forward to in the coming months.
 
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