I'm not sure what your question is. Everyone knows TA rules in the absence of news. But if/when significant news hits all bets are off.
As far as the 20day MA.....I've been watching its influence on KATX for months. Every stock is different though and has its own technicals that influence it. This one for the time being happens to be the 20day MA.
I'm not sure where your confusion is coming from. If you are asking me if I think news will come out, I don't have a clue. Technically I have my buy-in point, which I will stick to, regardless. If it never hits then so be it. That's the mentality of a trader. I'm not trying to be 'right or wrong'...just giving my thoughts and opinions. GL ...rule
If we lose freedom here, there's no place to escape to...this is the last stand on earth. (America)