Hello @Hingdog
If i can be a little more precise.
IMHO there is a cup and handle formation, with a handle well and truly into its formation.
The cup: high of 46 on 31/07/2014 The low of 8.5 on 24/02/2016 Recent high of 43 on 31/03/2017 to complete the cup formation
I have offered two clacs based on daily intraday and weekly EOD data
46 - 8.5 =37.5 37.5 +46 = 83.5 cents (intraday data)
42 - 8.7 = 33.3 33.3 + 42 =75.3 cents (weekly end of week data)
Weekly pivot point was on 24/03/2016 which commenced and confirmed start of the upward trend.
This has a good leg up to come IMHO
Hello @Hingdog If i can be a little more precise. IMHO there is...
Add KGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.23M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $12.05K | 104.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 194868 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 112131 | 4 |
View Market Depth
| Last trade - 12.20pm 24/04/2024 (20 minute delay) ? |
|
|||||
|
Last
11.5¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 11.0¢ | 11.5¢ | 11.0¢ | 3065 | ||
| Last updated 12.20pm 24/04/2024 ? | |||||
| KGL (ASX) Chart |