Tech bubble has burst and yes unfortunately most people view KGN as a tech stock - and I don't blame them since that is its major advantage compared to other retailers like JBH or HVN.
It could be likely that this is just a correction (average correction which happens every couple years in NASDAQ is 17%), or its a crash. If just a correction, NASDAQ may retrace to 10,000 points, and KGN likewise was @ $12.50 (10 June). I believe thats where KGN could end up on now that its broken support, before going the next leg up.
Ann: S&P DJI Announces September 2020 Quarterly Rebalance, page-26
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KGN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.09 |
Change
-0.030(0.59%) |
Mkt cap ! $513.8M | |||
| Open | High | Low | Value | Volume |
| $5.08 | $5.12 | $5.03 | $1.389M | 273.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11095 | $5.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.11 | 1638 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| KGN (ASX) Chart |