Replies to post #31222 on lowtrade

[lowtrade]

Welcome to the board

KMAG

Darkside play wise it's over. Had it's major big guys share selling to retail run and the exhaustion candle spike with red day following, signaling exit. After it has retraced to 50% FIBs and bounced to previous high target. Management keeps pumping with an interview and 2 financial disclosures in 1 month, which didn't help.

Now it's up to retail to decide what the true stock value is. All one can do is watch for a new chart pattern to form. That could take days or weeks. Right now a possible ascending triangle is in the works. Only time will tell. But if one has profits, this is when to protect them. One can always re-enter if top resistance is broken. But you can't stop a dive if holding. Sidelines is the logical place, until you see what happen next.