KRM kingsrose mining limited
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Hi mate, TNR is a bit hard to analyse at the moment (neutral...

  1. myleogb
    5,542 Posts.
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    26/10/21
    23:31
    Post #: 57095489
    Hi mate, TNR is a bit hard to analyse at the moment (neutral opinion), all EMAs have converged
    Generally I want 5/13 crossover on weekly or 5/13/65 crossovers in daily for my trades, with this one you'll be early, but maybe with a bigger upside
    LT momentum turning around. Daily momentum isn't significant at the moment.
    Anything can happen here with the right news flow as LT MACD is just lingering below the axis line, if both ST and LT MACD crosses in unison, say due to a news drop, this can pop.
    Not sure about the FA side, I rarely do FA these days, but these pops usually accompanied by a good narrative and tailwinds, I'm sure you've researched it already.


    https://hotcopper.com.au/data/attachments/3729/3729239-7fcc5f2395bd6100b08370ba88a2eea3.jpg
    KRM Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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0.001(1.56%) 		Mkt cap ! $24.48M
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