Originally posted by ChippyDude
My thoughts are that the g20 Summit in a weeks time will be a deal with big countries etc, and that is all part of Market BS to shake markets , but all in all . All Countries want to grow and do business. So more deals will get done as well as more QE by china and US, pumping it all along. So as for KTD I think its got a huge future and alot of upside. IMO more than $1 of upside within a year.
Obviously alot of stocks and Markets seem to flow in Sync, so hopefully its only a week more of sideways and then back into Bull up trend again for KTD.
KTD has got alot of upside IMO so that should start to flow in soon and shape into an upward trend shape soon.
I dont think there is much downside risk, 1 or 2c mabe, but upside I reckon to $1 and $1.50 in the future within a year IMO.
Traders love the 10c gains in a few days or week etc, but all stocks have a breather between the runs. IMO we are just having a breather before the next crazy future run ahead.
So what happens after the g20 when you realise it will have no bearing on the market? What do these holders wait for then? Easter bunny?
Ktd is back in a down trend, unless interest picks up soon it will Test the low 40s again.
xmas approaching may mean another sell off to free up some holiday funds so I won’t be surprised to see it touch 30s again without news.