KAT Exploration Inc (KATX)

[xyz1002]

Two weeks from 19th has not happened yet.LOL Seriously though,no one can predict anything to the exact date. But my prediction on the 19th was based on a 100M O/S and the volume of trades. However, as it turned out the O/S is higher than 100M, i.e; that will need more time to churn.

Look up on the hart yourself:
http://stockcharts.com/h-sc/ui

Keep an eye on the MA(10). When the MA(10) will meet the pps you will see it spike up. You can do your own calculation.

Right now MA(10) is at 0.01965 and RSI is at 71 and the pps is at 0.029. The gap between the MA(10) and the pps has to be filled for them to meet. At the current rate I am expecting it to meet in the next 2-3 sessions. It is an expectation however, things can change in the next few days.

Another good thing is the RSI is bouncing off of 70 telling me that the RSI is going to stay above 70 turning the MACD +ve. The stcok is an uptrend for foreseeable future.

All the best.