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Message: effects of positive ecuador news on K stock price..ideas?

FWIW K looks to be currently right at the top of a down channel. If it gets close to $18, that would be a clear breakout to the upside. Also the MACD looks great. The fact the other majors were off $1.50 plus & K was just off pennies is a terrific sign. Almost says the mkt. likes what the indications are re; new mining laws & can live with them.

K trades larger volumes on the NYSE than on TSE so I guess you also have to make a bet on the direction of the $ exch. rate.

Just thought I'd try to add to the confusion

Joltin

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