KZA Chart, page-252

I posted a chart 9 days ago suggesting that $1.10 might be support for KZA based on the KZIA chart. I also suggested that the price might cross the 200 day moving average, which it did yesterday.

This morning we opened at $1.135 and hit $1.10 in a huge dump that lasted a couple of minutes to close up for the day at $1.145. We may have seen the bottom of this correction with a double bottom at $1.10 forming on 22/12/20 and again today.

I also posted a chart a while ago showing that previous tops have provided areas of support on subsequent retracements since our all time low of 20 June 2019.



Interestingly, $1.09 is the 50% retracement level between the all time low of $0.305 and our recent high of $1.88