Just a lot of nervous traders as it's been in a down trend, It has only just broken above it.
If it continues going up slowly people will notice, big buyer waiting at 380 will quit the scare tactics and buy closer to market and the price will break up. Price doesn't only go up on news, anytime there's a tight range it creates a compression that eventually explodes up or down.
Closing above the blue line is my go signal, resistance line isn't far but there's at least 5 - 10% gain there if I get the trade right.
KTD Price at posting:
40.0¢ Sentiment: None Disclosure: Not Held
