KGD 0.00% 1.1¢ kula gold limited

KGD CHART FORMATION BREAKOUT

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    KGD CHART FORMATION BREAKOUT

    The daily chart is starting to indicate we could see an aggressive breakout.

    Some old resistance at 0.018c that we are currently dealing with however the downtrend from Nov 22 has been brocken from 17 May which was a positive sign at 180 Degrees and the 12 EMA is now crossing through the 36 EMA.

    Retracement from the last announcement has been on low volume which is positive.


    On positive results IMO we will see it breakout past the 2.5c and head up strongly.
    https://hotcopper.com.au/data/attachments/5333/5333686-01a636c88cdd1344fbf558817c620be8.jpg
 
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