* Insiders are buying, Again * | Jan 12/23 | Jan 11/23 | Wilson, David John | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 57,300 | $4.65 |
Good posts lately, good reading. Today Kelt closed above the 20 day moving for the first time since the beginning of November 2022. Pattern change identified. Technical indicator MACD turned positive, and short term resistence is $4.96. In my opinion a close above $4.96 should push the stock to Mid $5.20's or near the top of the bollinger band.
One final comment. Kelt has a history of selling assets about every three to 4 years. I would not be surprised to see them transact some kind of asset sale within a year ( Patterns again) Cheers Matthew