Looking at the chart, there were three other occasions in the second half of July that the stock took a small run upwards from 37c. Each one of those runs was incrementally larger, forming a nice clear even rising trend of higher highs.
If this is another solid run, and it runs up to the trend line formed by previous HH, I would hope for 51-52c helped along by any positive news that may come from the mid August drilling scheduled
DYOR not a trading expert not a charting expert etc etc.
Ann: Quarterly activities and cashflow report, page-12
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.30M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $2.193K | 219.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 5504277 | 13 |
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| Last trade - 10.18am 02/09/2024 (20 minute delay) ? |
| KAI (ASX) Chart |