Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"200 days ago was 19 Jan 2023. The close on that day was 4.5 cents. The share price is currently around 3.84 cents."

the 200 day moving average doesnt always reflect the share price...it doesnt change on a dime...its like a aircraft carrier...it takes a while for a change in direction...

seeing as how stocks go up and stocks go down, the fact that the pps was a bit higher 200 days ago is virtually irrelevant...

having said that, i dont see a bullish move upwards of the 200 dma...but i do like what i see...there is a definate uptrend in the pps which, imo, will eventually be reflected in the 200 dma...

from fza's post: "KBLB appears to be consolidating within a longer-term uptrend."

this is a fact...ever since the dilution ended in November we have essentially traded between .03 to .05...we are now in a very tight consolidation period with the bollinger bands getting very tight...this portends a move...and i believe there will be one...

there was a very long downtrend that the 200 dma was in...if you look at a chart, you can see that the 200 has flattened out and appears likely to be changing course to a bullish bias...

add to that that the 50 dma crossed the 200 a while back and the fact that we are expecting news at any time, my bet is that the move will be positive...

there are other indicators that make me think that a move is coming but i wont bore anyone with more details...