KGN 4.42% $4.32 kogan.com ltd

KGN Charts, page-63

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    The last week's trading action witnessed a consolidation that followed previous periods of rises and falls.

    https://hotcopper.com.au/data/attachments/1934/1934975-d307378a5dbc8f70077500cf34a3f99b.jpg


    If you're an optimist, last week's higher levels of support (and Friday's intraday break above $8.00) look promising. It might be good to have a pitstop before the next rise.

    If you're a pessimist, the same trading data is showing continued daily resistance around $8.00, along with a weekly doji candlestick (and weekly RSI around 70).
 
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