Kensington Resources Ltd. (V.KRT) * Diamond in the rough! Message Board

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

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To: Miles who wrote (1266)	3/7/1998 9:14:00 AM
From: TATRADER	Read Replies (1) of 5206

Mile, here is a trading principle...Take a look at GATE when it was at 50 cents a while back, when I entered... "After a stock has made a large decline, and the price has stabilized, large volume without price movement, is usually a sign of accumulation." I say we have some traders starting to position themselves in this stock...They tried to hide their ways a few weeks back, but now the time is coming closer to news and positions are being opened... From a TA perspective, my alarms are going off...When a stock goes down and an oscillator goes up, we call this a bullish divergence with price...I had 4 alarm clocks go off on Friday... 1. Chaikin Oscillator UP 2. Ultimate Oscillator UP 3. Momentum Oscillator UP 4. Smoothed Rate of Change UP I will now fasten my seat belt, adjust goggles and prepare for blastoff....Mark

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