Yes it is extremely bullish. You are spot on - the longer we stayed in that tight trading range meant that when we do breakout it will be aggressive. This is just one week of many positive weeks to come based on the chart and coincidentally the good news will match in my opinion. Funny how news and charts match up. I also can forsee the daily swings will be larger and this creates strong momentum on pushing higher and higher. How many positive weeks will we get in a row before the stock price settles down again in the lead up to production is the million dollar question. Looking forward to the next few weeks at least!
Will KNL go to 48 cents or more?, page-95
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $56.60K | 471.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37983 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 10500 | 1 |
View Market Depth
| Last trade - 15.54pm 12/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |