Kane Biotech Inc. V.KNE

Technically speaking....

[francoisl13]

I know that it is debatable if technical analysis is applicable to micro-cap like KNE but, it is interesting to see that KNE is in positive territory on a daily (short-term), weekly (mid-term) and monthly (long-term) charts. The RSI is positive on all three time range.
In both, daily and weekly charts, the short EMA is now above the long one. It is about to happen on the monthly one, most probably will at the end of April. All of the above is 'bullish' for the share price.
The volume did picked up this week so, all in all, it is looking very good for the future, technically speaking...
For information purposes, I'm using EMA10 and EMA30 moving average.
GLTA

[francoisl13]

This is interesting....volume is picking up on the 'other canadian exchanges'...this is not happening very often with KNE. Actually, @11:00 EST, there is about 35% of the total volume coming from the 'other exchanges'... P.S you can find the information on stockwatch.com, it is delayed by 10-15 minutes but at least you can see if there is shares purchases being done in the

[RoyMax123]

We got a few green days, now let have a good news next Monday please.

[francoisl13]

Very strong finish....52-week high and big volume....bodes well for next week (and months to come, if the news meets the investment community expectations...). I just hope that the news is released on Monday, if not, it will look bad again since they are already late (versus their promises or announced timeline). GLTA

[francoisl13]

Still radio silence, the news must be very close to be released.... We have good volume to start the week, price of share is holding up well. We know that the sales of the STEM Animal division is imminent. I'm just curious to see how this story will unfold after this potentially game changing move.  GLTA

[francoisl13]

@ 13:10 today there is 3X more shares traded on the 'alternative exchanges' versus the TMX...this is telling us that a lot of people wants in but they don't want the retail investors to know about it.... GLTA

[francoisl13]

What a start of the day!!! Volume is high, price of share moving up and....still waiting for the news...it bodes very, very well. GLTA!

[francoisl13]

Once again, @11:15, there is about 30% of the total volume of shares traded on the 'alternative exchanges'...very interesting.

[francoisl13]

Lots of movement volume and price wise....@13:00, more than 40% of the shares have been traded on the 'alternative exchanges'.

[RoyMax123]

The alt exchanges thing does not mean much, as their name implied they are just alternative exchange your broker may route your buy or sell order there if there's a better price. A lot of stocks trade even more on the alt exchanges nowadays than the old exchange.    As for Kane, if they don't pull out a rabbit of their a$$ shortly we'll get back to .10 in a blink of