AlistairBruce

KDNC - The Hype vs The Technicals

LSE:KDNC   CADENCE MINERALS PLC ORD 0.01P
KDNC has all the "hype" potential with none of current technical's to support it.
The company has lots of support in followers and lots of shares in circulation all chasing the next big thing - Lithium boom.
With great reserves and vested interests the company is in a good place except for cash flow, it doesn't own anything.
So - Look for big moves up after news, from my point of view it needs to clear the 0.60 level convincingly, then wait for shallow pull backs and play harmonics to next level at 0.88.
NOTE: - This is not a system or pattern trade but rather speculative making use of human behavior to realize moves in price.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out