OTCPK:RKNLF - Post by User
Comment by
MatWeion Sep 14, 2016 10:29am
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Post# 25235582
RE:RE:RE:Afghan wireless contract news
RE:RE:RE:Afghan wireless contract news I think it's only testing the moving averge on speculation of a deal, and not for any fundamental reason. Take away momentum as the possibility of an immediate deal starts to recede and the support will disappear.
That doesn't mean a deal won't happen, but it'll take longer than the current speculation is willing to wait.
kevinNash wrote: It's testing the 200dma for three weeks now. With the middle BB 20dma rising quickly I am expecting this to break above soon. I thought the deal was announced late in the day yesterday. Maybe it will finally break above today.