Market is confused with no news. Building a big sell wall to test the resolve of longs and create the impression this is another pump & dump. Only problem is what was the "pump"?.
Someone threw the KRY market into turmoil for some reason with a lot of volume. The best opportunity to sell the pop and buy back in has past. At this point it is more worth the risk to see what we can find out out about the "why" for the pop. I did sell some into the pop but it was hard and I re-entered a bit at $2.44 which was too early, but I can't read this one. Watch closely what happens when we break $2.40 low which I think we will. See who is waiting there if anyone to gauge strength.
TSX is holding up better and GRZ is up more than KRY but on low volume.
This is going to be a wild day IMHO.