KAT Exploration Inc (KATX)

[chmcnfunds]

Seems as if traders are consistent with the call so far today:

(1) "The market considers a reversal but hesitates in doing so. The previous bearish pattern is not confirmed today. According to our rules, it is by now null and invalid. However, a new bearish pattern is developing and another SELL-IF alert is issued today."

(2) "Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.
For more about this candlestick click here.

The last two candlesticks formed a Bearish Harami Cross Pattern . This is a bearish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
For more about this pattern click here."

A good finish should negate the SELL-IF. American Bulls are very accurate re: KATX

KATX/BVIG/KATG