Potential Buy Entry Alert KRC

Time Frame : Daily

Sector : Materials/Basic Materials

Key Stats : $96.1 Million Market Cap, VWAP 0.084, ASX Ranking 791

Company Overview : King River Copper Limited (KRC) is a mineral exploration company, focusing on the exploration and development of Copper and Gold discoveries. KRC has established a portfolio of 100% owned tenements in the East Kimberley region of Western Australia.

KRC – King River Copper Limited

KRC buyers are now starting to put in the ground work for a new move higher as both the daily and weekly charts are primed. We still see the need for further buying to build the ideal price action and evidence that buyers are starting a move but with recent positive news flow, we see the price well supported with the potential to bust to new highs.

Stock Code : KRC – King River Copper Limited

Company Website : www.kingrivercopper.com.au

Current Price : 0.085

Status : On watch for higher low and buy entry setup