Interesting observation of KNR chart, News around the cornerFrom my past trading experience, one part that I always check is to see if there was any similarity of the stock's part trading chart with the assumption that the MMS are the same. This morning I noticed that KNR is repeating the same pattern as last month (see below). this tells me that we will see major move within the next 5 trading days with upside move..
this morning I called that KNR may hit below 4 for a short time period which it happened. the low was 3.93 and now is back to 4.25.
If you are SHORT on KNR, this is a friendly reminder to cover your shares. KNR next move would be HUGE!
https://stockcharts.com/freecharts/gallery.html?KNR.CA