Replies to post #163252 on KAT Exploration Inc (KATX)

[Sumdude]

1st of all thats not a dark cloud cover.

2nd, what happened to your .010 guess?

3rd .013 is hardly something to scare anyone. its bumped against that several times.

so where's the prediction thats so earth shattering that i should be paying attn?

.010? .013?

you should do a little more homework. but im all ears. please make the prediction.. .010 was last i heard.

breaking .013 would be against the 8 week trend which is ascending not descending. so using a triangle analysis here would be risky.

i see consolidation and a leg up. kind been whats been happening repeatedly now for what? going on 5 mos now?

but if you want to bet against the trend be my guest.

[chmcnfunds]

Not sure why you are unwilling to post your chart. I've asked many times, but never get the privilege of seeing your work. In any case here is an alternate view:

KATX - Daily Candlesticks



MACD is moving toward cross-over, TRIX has crossed as an early buy signal, CCI is in the buy range, Full STO has just crossed over signaling a buy, MFI is positive, Accum/Dist has a very, very slight downturn over the past few days but it generally shows steady accumulation since the end of May through today with only occasional several-days downturns, PSAR could flip in the next day or so. Finished today above the 50 DMA and has support at .0135. To me all this suggests KATX is a good technical play if one is so inclined.

BarChart has KATX as a BUY:

http://www.barchart.com/quotes/stocks/KATX

As with my chart reading BarChart has .0135 as the 1st support level.

KATX/BVIG/KATG