Had been ‘range bound’ for quite a while, and as they say- the tighter the coil, the bigger the spring.
Great to see this bounce!
As for the sellers options may be...
1) Did drop to 13.5c so some may be booking profits- doubled their money!
2) Traders jumping on or off
3) IMO- for quite a while it has been capped so someone could accumulate cheaper. This attracted pip traders such as @Kimu, etc, as it bounced between 21.5-24.5 consistently. Easy to make a 10% profit trading these bounces. Also is a sign that someone has been accumulating- dropping price late or early morning with small share trades while trying to build their position with selling at lower levels.
It would seem restrains are off and we might be in for a sustained price rise. It does go up and down- even in a sustained rise- so do t fret small drops!
- Forums
- ASX - By Stock
- KLL
- Ann: Beyondie SOP Project - Commissioning Update
Ann: Beyondie SOP Project - Commissioning Update, page-149
-
-
- There are more pages in this discussion • 366 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
Add KLL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.28 |
Change
0.000(0.00%) |
Mkt cap ! $2.499M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KLL (ASX) Chart |
Day chart unavailable