KDR 0.00% $1.90 kidman resources limited

Boom !, page-58

  1. 2,814 Posts.
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    What you are seeing since the AGM is an algo trading strategy being implemented by some big traders, be they investment houses, brokers, or hedge funds they are broadly called professional investors.

    Here is a link to the Basic 101 Algorithmic Trading Strategies for those yet to learn about this market dynamic so prevalent in today's financial markets.

    https://www.quantinsti.com/blog/algorithmic-trading-strategies/

    KDR has a weak register with so many retail investors still holding and is prone to attack by algo traders during low news periods or drop off in sentiment. HC is monitored by many of these pro's as a gauge to sentiment so beware the uninitiated.

    KDR is now a great swing trading stock and algo's are the preferred method in the 21st century trading arena. The target support is $1.20 and if that doesn't hold over next couple of days then the next target support to be tested will be circa $1.10 and then $1.00.

    Sooner or later the algo will swing momentum and back up she will go. Watch and learn and most of all don't panic. The more experienced might have already sold a few and will be looking to get back some of those sold very soon. Me........ ummm??? some today then circa $1.11 and then $1.01

    GLTAH and DYOR blah blah etc etc

    Cheers
 
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Currently unlisted public company.

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