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Wednesday, 29 February 2012

KING (King Resources, Inc)



KING: King currently is experiencing massive accumulation at these levels. A new support base is building and the general stock chart trend is upwards. The money flow continues to pour into KING with some weak hands selling. This is a consolidation period. We are seeing higher highs and higher lows on the stock chart. This we consider a very bullish signal. KING is currently looking to break the 0.002 level, if KING can achieve this then that would be once a again a new high for KING. We are currently waiting for more updates from the company and we here at Penny Stock Whispers expect those PR's/Filings to be out very soon as the company is currently working on its adequate disclosure so it can achieve going current tier on Pinksheets.