The short term market consensus for K92 MINING INC(KNTNF) have change to Bullish
K92 Mining, Inc.(KNTNF) engages in the exploration, development, and mining of mineral deposits. The firm focuses on developing Kainantu Gold Mine project which is located in Papua New Guinea. It operates through the Development of Gold Mining Activities segment. The company was founded on March 22, 2010 and is headquartered in Vancouver, Canada.
Our Proprietary Trading System indicates the following:
The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish
The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish
In light of the above trend analysis we will execute a bullish trade on K92 MINING INC
Global Entry Signal For Trade #1: Buy @ $2.40
Global Trailing Stop Loss Trade #1: @ $1.74
Global Target Profit Trade #1 : @ $9.00
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #6.
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