OTCPK:KRCLF - Post by User
Comment by
cleareyeon Jun 07, 2023 6:21am
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Post# 35483797
RE:RE:8% jump on a decent volume. Pretty unusual
RE:RE:8% jump on a decent volume. Pretty unusualkrr.to went down when others were steady or rising. Yesterday krr.to rose substantially when other gold miners went down slightly, or held steady.
It's as if a significant trader was pushing krr.to down, thinking that gold was going to go to the next Fibinacci retracement of 1916, giving them a gift of even cheaper krr.to shares. That hasn't happened. So, maybe that trader just gave up and bought back what they had shorted.
That is an oversymplification, but reasonable.
So, now that shorting pressure may be off the table, for whstever reason, what is the natural level for krr.to, against other miners?
Where is the natural path?
How many more games will we have before and after the Fed Mtg annoucement a week from now?
What will be in that announcement? What will be the reaction? What will be the aftermath?
After the next 10 days of pre and post FOMC, are we into a summer dead zone? Or, is it different this time?
cleareye,