EGR 2.38% 8.2¢ ecograf limited

Chart, page-52

  1. 852 Posts.
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    @tony2times "Back at 17 cents. Or should we say 17 cents again? Looks like the good Dr James has misdiagnosed the share price direction"

    Tony, I am struggling to see how I have misdiagnosed the share price direction as your suggest. If you read through my post's I have not once claimed that share price would definitively head in a certain direction. It would be irresponsible for me to do such a thing given much of the HotCopper community unfortunately bases their trading upon other users thoughts/opinions.

    Specifically looking at KNL. Unfortunately to date it has been devoid of any substantial volume. Leaving it vulnerable to reasonably significant swings in either direction. All it requires is one day of substantial volume and share price will breakout, until then I can promise you one thing - there are trades to be had.

    I am the first to admit that I have traded in and out of KNL many times, to be exact 6 times. Not blowing my trumpet but merely to discredit your stance that I am wrong, each of these 6 occasions I have made a profit.

    My last post 10/10/17: "Nice bounce off 16.5/17c on the back of the Bullish Doji Star formation. Glad I was able to pick up some more at 17. Daily MACD starting to turn upwards. Would love to see a crack at 20c followed by an announcement for added ammunition".

    I'd encourage you to enlighten me how I was wrong? If you were watching the live action you could have bought at 16.5/17 on the light volume retrace. Identified the candlestick pattern was bullish and sell at the intermediate resistance of 18.5. You'd net yourself a handy 8% profit in a few days.

    So what does my good crystal ball say? With too many positive announcements in the pipe works I can only see a positive outcome - hence why I bought back in. However, short term the share price will be subject to swings in either direction as I previously outlined. You may be interested to know that I have buy orders at 16c and 15c. They may not be hit but I will gladly take them if so. My crystal ball also says that you're on the wrong horse in MNS. But myself and others won't hold that against you because one day you may only have one option - joining us.

    There must have also been a good reason why I had you on 'ignore' so following this post I will be doing that again, therefore no point in a reply. I do though wish you luck with your trading, good night.

    KNL 16-10.png
 
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Last
8.2¢
Change
-0.002(2.38%)
Mkt cap ! $37.23M
Open High Low Value Volume
8.4¢ 8.4¢ 8.1¢ $6.627K 80.81K

Buyers (Bids)

No. Vol. Price($)
2 24308 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.2¢ 20450 1
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
EGR (ASX) Chart
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