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Friday, November 11, 2016

KrisEnergy

KrisEnergy - 11th Nov 2016

KrisEnergy after touching the low of 13.8 cents on 3rd Nov 2016, it had managed to stage a strong rebound and head higher to touch 19.4 cents on 8th Nov 2016. Couple with high volume, this is generally quite positive.



Both Macd & Rsi are still trending upwards which may likely provide further indication that the share price may continue to head higher.

Short term wise, I think it may move up to test 19.4 cents then 20 cents.
Breaking out of 20 cents with ease + high volume that may likely propel to drive the share price higher towards 27 cents and above.
( trade base on your own decision)

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