KAT Exploration Inc (KATX)

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Looking at the criteria from American Bulls as to their recommendation I believe this fits.

"Does the market open at a level, equal to or above the previous day’s close? The benchmark is that closing price. If prices during the session stay below this benchmark, sell your shares. In both of the above cases, avoid selling if the prices during the session start going over the benchmark. "

I would say this is a good recommendation by American Bulls, On one hand we are right up against a declining trend line and the other is the 20ma for support, The 20ma has broken time and time again and the trend lines for the most part have held..I still believe we are in a large descending triangle with the baseline of .010, The only thing that will keep this from going below is news from the company..I actuality hope this happens "soon" the trading range is getting tight and it needs a shake out.

Sorry for not answering your other posts, My charts and indicators are from Worden platinum (TC2000v11), I use log instead of arithmetic settings for volatile stocks ( high % gainers and loser's)and trend's and patterns.

Good luck chmcnfunds, I call it the way I see it and I hope you continue to do the same.

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