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Bullboard - Stock Discussion Forum Kenadyr Mining Corp KNDYF


Primary Symbol: V.KEN.H

Kenadyr Mining Corporation is a Canada-based gold exploration and development company. The Company is engaged in the exploration of the Borubai gold project. The Borubai gold project is located in the Kyrgyz Republic in Central Asia. It holds a 100% interest in the approximately 164 square kilometers (km2) Borubai Exploration license, which encircles Zijin’s Taldybulak Levoberezhniy Mine. The... see more

TSXV:KEN.H - Post Discussion

Kenadyr Mining Corp > Good time to bottom fish here?
View:
Post by Stranius on Aug 16, 2017 11:39am

Good time to bottom fish here?

It's been a dismal performance for this name for anyone that has bought into this story in the past with the chart literally going one way (down and to the right).

I'm not much of a technical analyst, but can certainly spot indicators of trend exhaustion. It appears (to me) from the chart that sellers have run out of reasons to sell (trend is flattening out and volumes are down markedly) and we are in the midst of forming a base in the high 20's. It may be worth a nibble at current levels.

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~S
Comment by ALTEL on Aug 22, 2017 6:22pm
Bottomed out? We seem to be scaping along the bottom at .27-.29 for the last month, decent support bid at .27 Bids 122.5k@ .28 16.5k@ .275 226k@ .27 115k@ .265 Asks 2k@ .285 25k@ .29 11k@ .30 5k@ .31   Last 7 days anonymous has sold 138k and bot 100k House Positions for C:KEN from 20170815 to 20170822   House Bought $Val Ave  ...more