Innovative's 15min Chart Hits RSI Overbought, KDJ Death Cross: Potential Reversal Ahead
ByAinvest
Thursday, Oct 2, 2025 10:18 am ET1min read
IIPR--
In addition to the financing, K9 Gold has made a $50,000 deposit toward the Trinity Silver Project, reflecting its commitment to this significant exploration asset. The company entered into an Exploration Agreement with Newmont USA Limited on September 16, 2025, regarding the Trinity Silver Project in Pershing County, Nevada. The Exchange has deemed this agreement a "Fundamental Acquisition," requiring an NI 43-101 technical report [1].
Furthermore, K9 Gold has engaged Capitaliz for a six-month marketing and investor awareness campaign for $100,000. The services will include digital marketing, public relations, and investor relations, facilitated through various digital venues such as programmatic digital marketing, social media marketing, and email marketing [1].
The company's stock, KNC, has been experiencing rapid increases, as indicated by the Relative Strength Index (RSI) reaching overbought levels and the KDJ Death Cross signal being triggered on February 10, 2025. This suggests a potential for further decreases in the stock price, given the current momentum shift towards the downside .
According to Innovative's 15-minute chart, the Relative Strength Index (RSI) has reached overbought levels, and the KDJ Death Cross signal was triggered on February 10, 2025, at 10:15. This indicates that the stock price has experienced a rapid increase and is outpacing fundamental support. Furthermore, the momentum of the stock price is shifting towards the downside, suggesting a potential for further decreases.
K9 Gold Corp. (OTCQB: WDFCF) has announced a non-brokered private placement to raise up to $2.5 million, according to a press release dated October 2, 2025. The company will issue 10 million units at $0.25 per unit, with each unit including one common share and one warrant exercisable at $0.35 for 24 months. The net proceeds from this financing will be used to advance exploration at the Trinity Silver Project in Nevada and the Stony Lake Gold Project in Newfoundland, as well as for general purposes [1].In addition to the financing, K9 Gold has made a $50,000 deposit toward the Trinity Silver Project, reflecting its commitment to this significant exploration asset. The company entered into an Exploration Agreement with Newmont USA Limited on September 16, 2025, regarding the Trinity Silver Project in Pershing County, Nevada. The Exchange has deemed this agreement a "Fundamental Acquisition," requiring an NI 43-101 technical report [1].
Furthermore, K9 Gold has engaged Capitaliz for a six-month marketing and investor awareness campaign for $100,000. The services will include digital marketing, public relations, and investor relations, facilitated through various digital venues such as programmatic digital marketing, social media marketing, and email marketing [1].
The company's stock, KNC, has been experiencing rapid increases, as indicated by the Relative Strength Index (RSI) reaching overbought levels and the KDJ Death Cross signal being triggered on February 10, 2025. This suggests a potential for further decreases in the stock price, given the current momentum shift towards the downside .
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet