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Monday, April 21, 2014 11:38:15 AM
Kilimanjaro Capital Ltd. | Ticker: KIMJF * Technical Analysis *
http://kcap.biz/
The first thing you’ll notice when looking at KIMJF is that there is no hard resistance unit .065.
This is incredible because it means that KIMJF could climb to .065-.07 before a bullish run would run into serious resistance. This gives investors who get in early at the low price of .02 a high ROI target of 290%+.
Traders aiming for a lower profit of 40-50% will have plenty of time to exit profit in hand in-between the spread.
Moving on we can see that KIMJF has an extremely oversold RSI of 34.35. Which is great news for us because it also supports our theory of no resistance until .065-.07.
When the RSI hits 70+ it will be time to sell, and we are far from it. One also thing to note is that the RSI is not just at 34.35 but it has been increasing over the last couple of weeks as well. This is a bullish sign.
Now take a look at the MACD. The MACD has been beaten down badly in the last couple of weeks, however recently it has begun to rise. This also supports our theory that KIMJF is as low as it’s going to go, and we’re soon to see recovery.
This signals the end of the current downward trend and a major risk to reward opportunity for us and traders outside our subscriber base who notice tomorrow.
In summary, not only does KIMJF have plenty of room to soar, but according to technical analysis the bullish run will happen soon.
http://kcap.biz/
The first thing you’ll notice when looking at KIMJF is that there is no hard resistance unit .065.
This is incredible because it means that KIMJF could climb to .065-.07 before a bullish run would run into serious resistance. This gives investors who get in early at the low price of .02 a high ROI target of 290%+.
Traders aiming for a lower profit of 40-50% will have plenty of time to exit profit in hand in-between the spread.
Moving on we can see that KIMJF has an extremely oversold RSI of 34.35. Which is great news for us because it also supports our theory of no resistance until .065-.07.
When the RSI hits 70+ it will be time to sell, and we are far from it. One also thing to note is that the RSI is not just at 34.35 but it has been increasing over the last couple of weeks as well. This is a bullish sign.
Now take a look at the MACD. The MACD has been beaten down badly in the last couple of weeks, however recently it has begun to rise. This also supports our theory that KIMJF is as low as it’s going to go, and we’re soon to see recovery.
This signals the end of the current downward trend and a major risk to reward opportunity for us and traders outside our subscriber base who notice tomorrow.
In summary, not only does KIMJF have plenty of room to soar, but according to technical analysis the bullish run will happen soon.
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