KRR 0.00% 1.0¢ king river resources limited

As someone who has been in, then out I was looking to see if the...

  1. 520 Posts.
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    As someone who has been in, then out I was looking to see if the recent selling pressure was a chance to get back in.

    I see the issue with today as simply the volume. 5 x the 20 day MA on a sell down with impending news. Ouch.

    The last upshot trend from this level was borne out of options needing to be in the money, some exceptional gold results incoming and the promise of vandium purity results.

    Now options have been exercised, gold assays are late and they are having to go to lengths to get the magical, elusive V purity results.

    Yes TA lines up, sort of (although momentum is down, MACD has only just turned -'ve, rather than looking like reversing...).

    If a so-so ANN comes out re; assays or V I expect this so see 5's - but it has a history of intrday trading +/- 10% so who knows....

    Brave to make a decision to buy or sell without an ANN behind it IMO because the chart (as always) only tells half the story.

    GL Holders and Buyers.

    On the fence for now..
 
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Last
1.0¢
Change
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Mkt cap ! $15.53M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $48.23K 4.833M

Buyers (Bids)

No. Vol. Price($)
17 6194110 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1398799 8
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
KRR (ASX) Chart
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