KNR -- Oversold; Double Bottom at .89. On watch for a bounce.

Panjang

KONTROL TECHNOLOGIES CORP. (NEO:KNR)

NEO:KNR KONTROL TECHNOLOGIES CORP.

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KNR has been beaten down but looks way overdone, given they have just raised $8.5 at 1.50 with institutional investors. The company reported respectable $3.3M revenues in Q1 2021. Their BioCloud COVID-19 detection device will be used by the Canadian Olympic delegation at the Tokyo Olympics. The US sales channel is being worked on. Insiders are buying in the open market. Share buyback program is in effect. Bullish MACD divergence on the chart.

Penafian

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