KAT Exploration Inc (KATX)

[Sumdude]

i dont see how you can make a strong case for that. I have the 20 day at .0142 2 of the last 3 days under that mark. with very little flux in the the OBV. on top of that the 2 days under the 20 day ma were Doji's so while it signals indecision, i think theres enough bid support to remain above .013. Also consider the fact that the doji forming under the MA to me signals that the stock doesnt like the price. i dont think it wants to be down there.

you could be right, but i dont see that yet. tomorrow will be a good indicator. a 4 day triangle? mmm suspect. the sticks look like .013 being the floor, but who knows if it broke that it may see .010 but i dont see it breaking the channel you had alot of shares bought above 20 day ma.