By Zak Mir | Wednesday 26 August 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In the case of KSK Power Ventur (KSK), it can be seen how there has been a steady decline for the shares over the past year, conducted totally below the 50 day moving average. Hope for the buyers / bottom fishers comes from the way that the lower share price trace for August to date has been accompanied by a higher RSI trace.
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