Classic 'rounding bottom price chart formation' should see a 'parabolic move higher' imo as you outlined above (agree with you).
KAU fundamentals are shaping up nicely too with anticipated 'forecast ramp up of gold production' to occur during 2023/24. One of the better 'undervalued gold stocks' on our ASX imo (not investment/trading advice per say so dyor as always)
KAU Accumulation., page-3
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 (20min delay)
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $25.65M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $19.03K | 126.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 203935 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 117331 | 3 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
15.0¢ |
Change
0.005 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 15.0¢ | 15.0¢ | 14.5¢ | 108842 | ||
| Last updated 14.20pm 31/05/2024 ? | |||||
| KAU (ASX) Chart |