Kibush Capital Corp (fka DLCR)

[KeepItRealistic]

This is only day 1 of an oversold chart

Chart is nowhere close to overbought indicators.

Past moves lasted 3-5 days and was confronted with dilution.

No dilution till Feb/17 according to filings.

This move should out perform previous moves and break a penny.

CEO wants this over a penny so he can uplist to the OTCQB.

This stock is a fully sec reporting making it easy to uplist.

If volume continues or better yet increases, we should see at least 2-3 more green days before any retrace and consolidation occurs.

This uptrend should continue for a while based on the fact that the company is now generating revenues and has plans to increase those revenues in the coming months. (See last PR sticky on revenue projections)

There should be some Fibonacci retraces on the way up to a fair pps (see my sticky), which is both expected and good for the chart.