KCN 1.48% $1.33 kingsgate consolidated limited.

ubs increase holding, page-3

  1. 3,367 Posts.
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    Hi everyone,

    I've been patiently biding my time but finally doubled my position today, near the lows too ($4.77/4.78). Technically, closing prices have bounced off the important $4.69 resistance level (50% retrace from the $3.69 to $5.69 run-up). All we need now is to see $5.00-5.10 to go above the daily ema's again. Price closed at the high again thanks to buying in the auction. Looking good. Now give us that wee announcement we're all waiting for! If it's not too late to enter the comp, my pick is this week or next, so lets say next Friday.

    Cheers
    Rowingboat.
 
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