KAR 3.74% $1.55 karoon energy ltd

why is this happening, page-48

  1. 1,800 Posts.
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    horizontal support at 7.75 broken doesn't look good to me. It will need to close above imo.
    Although not a major support still important short term ( as tested a few times in last few days), while the market tries to work out which way this is going. I see yesterdays narrow candle and low volume as indecision. This could go either way so I jumped out yesterday to sit on the sidelines.
 
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