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 done so.
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 grooves that will be coming out soon, but one thing is for sure, when the SP goes up and crosses resistances, it's because something big is coming in my opinion.
The next resistance is at $0.20 and it should go up quickly as KTR has just broken through 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!