Kraig Biocraft Laboratories Inc (KBLB)

[BioDoctor]

Kblbpatience. Yes, I believe you are correct. Any news from the CC will reset the patterns.

But, to some degree, the upcoming CC is already factored into the near 30% raise in the share price over the past 4 days. That is, the market of investors in this stock believe the future news of the CC will be positive. If they believed it would be negative, we would have seen a 30% drop in share price over the past 4 days.

So, I believe you are correct. After the CC the JCP will need to be reset. But, until that time, given no news, the patterns of the past two days suggest continuation, and not a major reversal up or down. But, the pattern we see tomorrow may change that prediction. As I said before, if the JCP only identified what is obvious after the fact, they would be useless. They are used to "help" predict the future. As explained by ES1, they must be used with other charting indicators. But, so far I am finding them better than the coin toss, which is about all we can hope.