KTR crossed over its $0.15 resistance,first time in 18 month Today, for the first time since September 2019, KTR crossed over its $0.15 resistance. KTR finished at $0.16.
KTR has tried to break through this resistance a few times since January 2021, but today is the first time KTR has succeeded.
This gives us clues that the exploration program on Wabash to find high copper concentration is probably doing well given the rising stock price. Or, it's the results of the channel samples that will be coming out soon, but one thing is for sure, when the SP goes up and crosses resistance, it's because there is something big coming up in my opinion.
The next resistance is at $0.20 and it should go up quickly as KTR has just crossed a resistance that has lasted for over 18 months. And, usually, the longer it takes to break through resistance, the faster it reacts once it does. We'll see... but this is a strong buy signal!