from a gap theory, the gap between 22.5 - 26c "needed" to be filled and we are smack bang in the middle of that gap now.... will be interesting to see if the gap is "closed" soon... once it is closed, there is another gap below this range - 17.5 - 19c too...
if no news is forthcoming in the next few weeks and the general market conditions are as down in the dumps as they are now wit hDOW sh!##ing itself and the ASX200 matching it every day, we may see the teens in a few weeks IMO...
the only way out of this slow grind downwards is the release of the expected news....
KNL Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
