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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: BUDDY MOYNIHAN who wrote (1194)2/19/1998 10:21:00 PM
From: TATRADER  Read Replies (1) of 5206
 
buddy, i don't want to get anyone's hope up, but here is a brief technical take on this stock...
Stock is in a flag pattern...Pole stands from 39 cents to 65 cents...Consolidation area is at 50 cents(Canadian)...Next spike should take us to the 76 cent level where we have some overhead awaiting us....ADX has moved from 24,27,30,32,33, and today 34...Trend remains up...Pring KST shows positive momentum at 0.247,0.314,0.352, 0.391.....Stock made higher low today, and my take is we are preparing for launch...I anticipate with the buildup in volume over the past 5 days some sort of announcement is coming, and it will be perceived positively by the market... If we nosedive under 39 cents, please disregard prophecy....Zeev, if you want to add your 2 cents,(stock still is above that level at least) would appreciate....Mark
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