If you're a believer in TA

Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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StevieRay

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If you're a believer in TA

posted on May 10, 2010 04:26PM

a positive signal from todays trading (from my RBC Technical Analysis)

RSI - Relative Strength Index

RSI has recently crossed above the critical value of 30 which means that the selling pressure has lessened and the internal strength of KWG has increased. This is a positive for the stock and signals that, most likely, a bottom has formed.

Not all indicators are showing bullish signals but this is an important start. Maybe tomorrow will add to the improvement.