KRR 10.0% 1.1¢ king river resources limited

A dead cat bounce happening does not make any sense, considering...

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    A dead cat bounce happening does not make any sense, considering the RSI is @20 and extremely oversold, before KRC releases the CS/SS on the V and Flourite and gold assays. The only reason for a dead cat bounce is, a negative CS/SS on the V, Flourite and gold assays which i highly doubt it.

    DEFINITION of 'Dead Cat Bounce' A dead cat bounce is a temporary recovery from a prolonged decline or a bear market that is followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock.
    Last edited by Money made: 10/09/18
 
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