KrisEnergy: Actions seen but seeing some resistance at 0.180 for now, price 0.176. Exit signal seen 2 weeks back finally.

KrisEnergy has consolidated below the 0.160 resistance for about 2 weeks before finally a  move yesterday with it breaching this resistance.

We have seen a further rally today with it touching the 0.180 key resistance next which was holding very strongly last month before the decline.

Likely to see some consolidation from 0.170 to 0.180 now and we can expect more upside towards the KEY 0.200 on a firm price action above 0.180.

Moving averages are pretty flattish at the moment but a longer term reversal can be on track above 0.20.

More importantly, just to share that we finally got an EXIT SIGNAL 2 weeks back for the previous entry on my system. See below.

That was a 58.5% GAIN IN ABOUT A MONTH from my 1ET BULLISH ENTRY SIGNAL….

So far, there is NO RE-ENTRY SIGNAL YET on this counter, but 1 may come soon…  :)

System aside, a firm move above 0.180 would be a short term positive…. Let’s watch.

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Recent Email:

Sent: Wednesday, October 12, 2016 9:32 AM
Subject: *********KrisEnergy: a MASSIVE Spiked yesterday where everyone is focused... Not the Inner circle though... our focus was 3 weeks back fyi, price 0.186

Sent: Tuesday, October 11, 2016 12:49 PM
Subject: ********** KrisEnergy: A further breakout above 0.160 can offer more strength, price 0.163

 For illustration purpose