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Re: the_little_farmer post# 81583

Friday, 08/03/2012 12:35:09 PM

Friday, August 03, 2012 12:35:09 PM

Post# of 232508
krystian, just on technicals

Run the rsi2:5 behind price not above or below, see the pattern, currently overbought...March 19th similar pattern

MA10:50 nice cross bullish pattern and the Macd is is just on the start of it's money flow with increased volume every day.

Force index will continue it's pattern as in March with it's dips and rises but will stay above the climb.

Some retraction from penny flippers and daytraders, but KMAG is a strong company with real revenues.

I wouldn't be suprised if a gravestone doji or hammer for a slight reversal... But this definately would need to close strong for a continued Bullish candle... EOD will tell.