Friday, August 10, 2012 4:38:50 PM
A high RSI only means one thing, that there is incredible strength in this stock.
The chart looks beautiful. KMAG ran from .004 to .015 and then retraced to .011. (A very beautiful ~38% fibonacci retracement) and steadily rose all day today (FRIDAY none the less) to close near its high.
To top it all off, JR said we'd get news this week and we did.
You have to be blind or in denial if you can't see where this is headed next week and beyond.
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