Welcome To The Katanga Mining Limited HUB On AGORACOM

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Message: Too early on this one but looks good now
  • Katanga Mining Limited (TSX: KAT) Took position in this one too early as I though it would break its $1.89 resistance line and instead it closed the day with a big fat red candle. This was 2 weeks ago and is a swing trade for me so I kept it and I'm glad I did as it finally closed about the resistance line on above average volume. My initial target on the play is $2.10 for gains of 11.1% and from there, I'll decide if I stay in or not. This is top of the trend channel and based on the indicators it could very well do more than that.

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