It's the weekend so I will take this discussion a little farther than I normally would.
I have followed KRY for about 4 years and during that period have found that TA works as well or better for KRY than it does for any of the other stocks I follow.
In fact, if you had traded KRY based solely on TA and ignored all the hype and the BS you could have profited handsomely.
All stocks are effected by noise, media, manipulation and significant news releases.
News releases, stock price and TA are intimately related and both feed off each other and drive one another.
Many news releases are timed to influence the stock price direction at technically significant levels.
One of the most interesting things for me, in reading about the flash trading etc. was to see in print that trade bots are now smart enough to actually produce and understand news releases and to trade off their own BS. Add to this the fact that they can process and trade off of TA faster and better than any human.
You can believe that the KRY stock price is mostly influenced by news only if you fail to understand that many news releases are planned in advance and the content is carefully crafted to produce a desired effect.
The only thing I want to know is how much it cost to engineer the whole series of Roy Carson, Gignac, Gutierrez and national assembly pumps that sucked in so many people back at $3.00 per share plus.
And if you happen to believe that ridiculous farce was on the up and up and somehow just didn't turn out the way it should have then I don't think you should be involved with the stock market.
Oh. And I have some gold certificates for sale. Interested?