Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Keystone opened a long positon in KGC today in front of the close. The oversold stochastics, falling wedge and positive divergence, shown by the green lines should launch price. A bit more donwside may be explored but Keystone will simply buy more. The gaps above serve as targets. Projection is for price to launch at anytime and likely target the 9.6-ish gap fill. This information is for education and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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