mario-623

King River - Trend Anaylsis. Buy zone comments.

mario-623 Atualizado   
ASX:KRC   None
KRC seems to be complete market cycle and suggests a potential buy in the following months.

I'd watch the monthly and coinciding weekly close to see what the price does.

A close above $0.075 is bullish.
A close between $0.075 and $0.064 is neutral.
A close below $0.064 is bearish and will test the intra-week lows of $0.046

No trade zone for me, waiting for charts to paint a better picture.

Refer to the charts for more comments.
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Bullish MACD crossover on the Daily.
MACD histogram is at support on the Weekly Chart.
MACD histogram ticking downward on the monthly chart.

Many Mix signals.


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