KEFI trade ideas
Levels to trade Chart provides levels to trade. Price is always between two of them.Trade level to level.
KEFI breaks its channelKEFI breaks it's downward channel but will it
lead to a trend reversal.
Needs to break 11 to do that.
Wait and see?
KEFI - Bottomed, indicators suggest bounce.Recent bottoming pattern, over sold RSI and positive divergence in MACD suggest bounce from lows due soon.
KEFI - GO LONG. Bulk of mine finance package now arranged, small residual left, which has been recently reduced in size. Finalising this should trigger re-rating. Excellent economics when fully developed. Approaching break of 200MA, RSI climbing and MACD looking good. Triple bottom in place.
KEFI - Signs of a reversal. Back to all time lows and a few sign of the bottom being in and looking to turn. Very news flow dependent this month with financing news due. Could be a tremendous rise if successful. Blotto if not. Longs at 0.29 available at this point. LSE:KEFI
KEFI - Cup & handle formation. Go Long.Next stage of this formation requires completion. Major news flow due any moment relating to large scale financing package, leading to monetisation of DFS.
