Replies to post #261271 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< There has been a concerted effort today to try and keep the 50 day moving average from crossing the 200 day moving average. >>

WRONG AGAIN!

What a bunch of nonsense.

A group of investors jumped in hoping that they could get a good pump going up to 20 cents. When it was obvious that wasn't going to happen, they dumped their bags and moved to the next ticker.

[bananarama]

Thank you so much for this great explanation and post, GT. GO KBLB!

[TRUISM]

Studying, muddying...

All it takes is a trading group or two to dispel chart "normalcy."

That indicator is called a golden cross, and it is one of the strongest indicators of a long term bull run that technical analysts use when studying charts

TRUISM

[DimesForShares]

Wei, I didn’t short any shares of KBLB but I don’t think the near future is going to be very fun for me or most other shareholders either.

But if chart traders want to jump in and buy a bunch of overpriced shares, have at it. Godspeed. Full steam ahead.

[silkmaster]

I think that there is a hugh antisipation for a big event to be publish till the end of this month.

It could be via Kings or the lab or will it be from the U.S airforce?

As always we are been keapt in the dark.

Some of it - the vibe i mean can be found via tens of posts here ,
the up and down ppd, and the growwing volume.

P.S due to the jump to 0.06 area i managed to buy 50K shares at 0.043 yesturday from those how sold .
good luck to us.

[Michael Weston]

There has been a concerted effort today to try and keep the 50 day moving average from crossing the 200 day moving average. That indicator is called a golden cross, and it is one of the strongest indicators of a long term bull run that technical analysts use when studying charts. The indicator usually brings a lot of buying interest into a stock.

Whoever is short KBLB shares is terrified of this happening, hence the massive effort to drop the share price this morning. But it's not a bad thing really, because the shares sold this morning were likely more short sells, which will eventually turn that shorter into a guaranteed buyer, and if they get squeezed, then the price will run up much faster, just like it did in 2019.

We haven't had a 200/50 golden cross on KBLBs chart for years. It's going to touch today, and likely cross tomorrow. Whoever shorted those shares this morning did it out of desperation. I don't think the near future is going to be very fun for them.

lol

[Dan245]

We got the golden cross!