Not sure why you find that TA doesn't apply to KRY. Todays move stopped dead at the 200 sma on both TSX and AMEX and has now dropped to and is holding at what looks like a support level. Pure TA!
Maybe its not a bad thing to close the gap today so we can move up without that hanging over our head.
Someone posted a long term chart recently that really shows where we are with KRY. There is a long term channel and we recently bounced off the bottom of that channel which sets us up for a good solid rebound. I think that some of the recent buying was the recognition that the channel with its underlying trend line had held. Once the TA junkies like me decide that the trend line is holding they jump in for the next upswing.
http://stockcharts.com/h-sc/ui?s=KRY...
The volume has been good today and I can't believe that someone spent all that money just to paint the charts. Previous BS pumps were done with BS news releases and followed up by aggressive selling.
This is different. No news and even a gap up opening with strong volume. My guess is that we have started up the hill again and hopefully that hill leads right up to the top of the channel or higher.