Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"it was punctured on July 17th down to .175"

stocks aren't immune to news, manipulation, world events etc...they will react...but as in kblb's case, each time, it went back to the support level...

but they don't hold forever...at some point they will have to rise up or drop below...and when that significant support level is truly broken, it becomes resistance..

kblb dropped below .20 in early December...how many times has it broken up thru .20 since then?....

none...not one time...if .20 is significant resistance, it was also significant support...

and kblb is now at that point where if it doesn't rise soon, it will surely fall...because its just not likely to remain stagnant too much longer...

of course, I thought it would have moved by now...but when theres little real interest, I guess stagnation could last awhile...